Proposed Pension Plan Changes..Page 102, Section B. ll
The plan document and Trust Agreement with respect to the Telecommunications Worker's Pension Paln shall be further amended and altered as required to be consistent with this Collective Agreement.
page 103 Section B IV
It is agreed and understond that the Telecommunications Workers Pension Plan shall not require the Company to guarantee the benefits or assure the solvency of the amalgamated fund.
Page 102...B lll (b) i and ii...decreases the company contribution by .75%.
So...tne company wants to take over the pension fund, decrease the amount they contribute, and have no responsibilty if they perform poorly. The Telus management funds are not performing right now...the TWU plan is performing very well.
Why would anyone in their right mind agree to this this?