Pension Information Meetings

  • Local 52 Cares About You!

    Spread the word! We're hosting an event exclusive to AUPE members on January 25th (Foothills campus), and January 31st/February 2nd (Main Campus), with free giveaways, refreshments, and de-stressing activities. Bring your colleagues and learn more about services and resources available to AUPE members. 

    You work hard. Let us treat you to a relaxing break over your lunch hour!

    Please bring your AUPE membership card or your AUPE member number to enter the event. If you're not sure what your AUPE member number is, simply call AUPE's Headquarters at 1-800-232-7284. 

    *Did You Know? Your membership card can get you amazing discounts across the province! http://www.aupe.org/my-aupe/member/discounts/ 


  • CAC Labour Day Classic - Football!

    Calgary Area Council is offering tickets to the Labour Day Classic Football Game on September 5th, 2016.  Exclusive to Calgary Area AUPE membership! #whateverittakes

    Tickets for the first 1000 are $33/ea (includes at $10 concession voucher!).  Ticket requests beyond the first 1000 will be sold at $53/ea.  Sales end July 31st or when sold out (whichever comes first).

    You may request your tickets HERE.  

    You will be contacted following your form submission to connect with either Jessica Daigle (jessica.daigle2@gmail.com) or Donald Walker (walkerdg@ucalgary.ca). Cash will be collected before your ticket can be confirmed.  These requests will be based on first come first served (provide cash and your ticket is reserved).

    Should you prefer to mail in your request you may send your order to:  

    Margina Hoffman, Chinook PO Box 30081, Calgary, AB  T2H 2V8


  • Bill 4: Know Your Bargaining Rights

    Brothers and Sisters,

    You may have heard about the implementation of Bill 4 (Essential Services Legislation) that will have an impact on bargaining rights.

    Learn more by attending one of the Town Halls that AUPE has organized for us.  CLICK HERE for more information about when and where the Town Halls will be held.

    Know Your Bargaining Rights!


  • Cineplex Ticket Sales at the U of C! LIMITED!

    Use the following form to place your order for Cineplex tickets:  http://goo.gl/forms/9WaF1hKvgh

    Tickets are $7/ea (huge savings!)

    LIMIT of 10 tickets per member.

    For any questions please contact caclocal52@gmail.com OR 52stew@ucalgary.ca


RSS Feed

BBQ's 50/50 prize winners

Hello Local 52,

Well we had two very successful events once again. The weather did not let
us down which we always appreciate.

We collected 6 bins of food for the Campus Food Bank.
We collected $264.60 in donations for the Campus Food Bank.
Amazing generosity once again from our Local 52 Membership.

Now here are the number for the 50/50 you have been looking for.

Main Campus collected $767.00 of which 1/2 goes to the winner $383.50.
White Ticket 2334342
Contact Kevin Barry at the Union office to claim your prize. 220-4042

Foothills Campus collected $177.00 of which 1/2 goes to the winner $88.50.
Yellow Ticket 648762
Contact Justin Huseby at the Foothills Campus for your prize. 220-2442

A cheque on behalf of the Local will be going to the Campus food bank for a
total of $736.60.

Please watch our website for updated information on issues that may affect
you, events
that we are having, and communications from your Local. Please watch the
AUPE website
to keep up to date what is happening with your Union.

Kevin Barry
Your Local 52 Chair
http://local052.aupe.ca/
http://www.aupe.org/


Pension Information Meetings

Calgary Pension Information Meetings

Wednesday November 20, 2013 → 1 p.m. - 2 p.m.
Red and White Club → 1833 Crowchild Trail NW, Calgary

Thursday November 21, 2013 → 7 p.m. - 8 p.m.
Red and White Club → 1833 Crowchild Trail NW, Calgary

HOW IS MY PENSION BEING ATTACKED?

Contribution rates & benefit reductions
Current contribution rates for the pension plans are high. But current contribution rates address the pensions’ unfunded liabilities. Higher rates were set to catch up the plans after the global stock market crashes in 2000 and 2008, and ensure you receive the full benefit you were promised. These rates are set to begin decreasing in 2018.

Alison Redford and her government plan to cap contribution rates near present values. If there is another market crash, benefit reductions are the only way they can address a shortfall. The government hasn’t explained this part of their plan, but it means significant cuts to everyone in the plan, possibly including current pensioners, and major cuts to any benefits earned after 2015.

Cost of Living Adjustments (COLA)

Currently, plan benefits automatically increase benefits to cover 60% of the growth in the cost of living. The Redford government’s plan will only cover 50% of the growth in the cost of living, and only if the plan finances are deemed sufficient. That means COLA can be suspended entirely if financial targets aren’t met. And nobody knows what those financial targets will be. The cost to your pension can add up quickly: if the cost of living rises by 2.5% annually, five years of suspended COLA would reduce your benefit by 13%.
The end of the “85 factor”
Your pension plan currently allows you to retire with a full benefit upon accumulating at combined total of 85 years of experience and years working. The changes planned by Alison Redford and her government would end this benefit and subject an individual with 25 years work behind them, who is retiring at age 60, to significant penalties to their benefits for service after 2015. Worse yet, their plan will increase those early retirement penalties.

Increased penalties for early retirement

Currently you can retire with your full, accumulated benefit at age 60 if you have worked and paid into the plan for 25 years. Without 25 years in the plan, you pay a penalty of 3% for each year retirement before age 65. Those penalties will increase dramatically for any benefits earned after 2015 due to the changes the Redford government has planned. On separate occasions the government has said the penalties will increase to 4.5% or 6% per year.

What is AUPE doing?

AUPE is mounting legal challenges against this attack on your pension, but it would be foolish for you or your union to count on this approach succeeding. A union’s greatest strength is always members who are willing to take action. We are strongest when we work together.

Our best hope to stop this attack on pensions is if members like you all speak up. If we can convince the government there will be political consequences in the next election, or that a significant members could leave their jobs if the changes go through, we can win this fight.

Sending a letter to your MLA from the AUPE homepage is the first step. Workplace action is the next. Count on seeing more activity in your workplace in the coming months. If you want to help, sign up as a workplace contact by visiting www.aupe.org/update-me/.


 

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