CANADA - A last minute concession over the controversial pension Bill 206 avoided a Canadian Union of Public Employees strike scheduled to begin at midnight last night.
Government and CUPE president Sid Ryan reached an agreement that will essentially see control of the Ontario Municipal Employees Retirement System (OMERS) returned to municipalities and their workers.
That issue was the very centre of the debate, and CUPE had just last week labelled it as “discriminatory and unfair”.
As part of the concession, the Minister of Municipal Affairs and Housing has agreed to review the actual experience of the OMERS governance model in practice, looking at issues such as the effectiveness and fairness of the overall governance framework in representing the interests of employees and employers and ensuring efficient governance and accountability of the OMERS pension plan.
But according to a document on the CUPE Ontario web site, the review would “explicitly not include reconsideration of the general principle of transfer of governance responsibility to OMERS Sponsors, and consideration of continuation of any supplemental plans put in place.”
CUPE president Sid Ryan (pictured) still described the agreement as “a huge victory for my organisation,” and added he had achieved what he wanted.
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