The following are the concessions demanded and the attack on retirees in Camrose Alberta
- Removal of the Defined Benefit pension plan for new hires and institute a Defined Contribution (5%) plan
- Removal of the retiree benefits for those who cant retire before 2020 (this pension plan is 1/3 less than 5890/6673’s due to having these benefits)
- Removal of the double time clauses and making it a requirement to work 40 straight time hours per week before overtime is applied
- Removal of the vacation bonus system
- No roll in of the COLA clause to base wages
As well Evraz is proposing no base wage increases over the next three (3) years