Toronto Employees and employers in Ontarios municipalities, school boards, police forces and fire departments must have the same control over their pension plan as members of other major plans in the province enjoy, Canadian Union of Public Employees (CUPE) Ontario President Sid Ryan will tell a pension hearing sponsored by the NDP tomorrow in Oshawa.
CUPE members make up the largest group in the Ontario Municipal Employees Retirement System (OMERS), which remains under the control of the provincial government.
Joint trusteeship of the pension plan has been our goal for many years, Ryan says. Recent decisions by the management of OMERS, especially concerning its subsidiary Borealis, have made the need for a proper governance structure even more urgent.
Ryan will speak at the hearing, the second in a province-wide series chaired by Hamilton East MPP Andrea Horwath, at 2:00 p.m. on Thursday, January 27 at the Robert McLaughlin Art Gallery, EP Taylor Room, 72 Queen Street, Oshawa. He will be followed by Bill Harford, CUPE retiree and former president of the Durham Labour Council.
For more information, please contact:
Sid Ryan, President, CUPE Ontario, 416-209-0066 (cell)
Pat Daley, CUPE Communications, 416-616-6142 (cell)