Pride Parade
A message from the Pride Committee
Now that PRIDE London is over, I would like to send an email to thank all of those involved in the parade.
The enthusiasm and positive energy that was brought this past Sunday by all brothers and sisters was appreciated and noticed by our London community.
I would personally like to thank the PRIDE committee for their ideas, and hard work. A personal thank you to Anna Marie Apau for going above and beyond, and being so well connected, as well as Kelly Ransom for once again being our trusted driver J
Next year is London PRIDES 25th anniversary. We would like this to be our biggest turn out yet. We hope to see our fellow brothers and sisters next year.
In Solidarity,
Ryan Campbell
Caseworker Housing Social Services and Dearness Home City of |
|
Protect Your OMERS Pension
Take Action
OMERS just had another high performing year.
* Investment returns of a net 11.5%, almost double required discount rate of 6.2% and well above the strategic rate.
* 2017 earnings of $9.9 billion were used to both lower next year’s discount rate and increase the plan fund.
* The plan holds more than $95 million in assets.
Yet some at the sponsors corporation want to get rid of key benefits like guaranteed indexing. We can’t let that happen.
Let OMERS know we must keep key benefits like guaranteed indexing so we can keep up with cost-of-living increases and live with dignity after we retire.
Send them a message:
Dear Sponsors Corporation CEO,
I am a member of the OMERS pension plan and am writing to express my concern that, yet again, the OMERS Sponsors Corporation (SC) is considering plans to modify the benefits in OMERS, including guaranteed indexing
After yet another high performing years OMERS is well ahead of schedule to be fully fu dead by 2025, keeping our plan in a strong position to maintain core benefits like guaranteed indexing.
2017’s investment returns of a net 11.5% are almost double the required discount rate of 6.2% and well above the strategic rate. With $9.9 billion in earnings this year, the plan was able to both lower the discount rate for 2018 and increase the plan’s funded status.
We are in a very strong position to stay the course, as a member of the plan, that is what I want OMERS to do as it goes through Comprehensive Plan Review.
Most OMERS pension members make modest salaries; but we defer a portion of our wages to the plan because we know it is critical for our retirement. We also know that our modest salaries turn into modest pensions. Maintaining OMERS benefits, like guaranteed indexing, is critical to us keeping up with the constant increases in the cost of living once we retire.
Guaranteed indexing, survivor benefits and early retirement are some of the key benefits of being an OMERS plan member. They are features of our pension plan that makes us proud to be members – features for which I have willingly contributed more to my pension to guarantee they will be there when I retire.
I know the current proposal is to do a comprehensive Review, looking at all plan benefits based on “what if” versions of the future. I also know this comes less than a year after previous attempts to reduce OMERS ‘ current benefits puts my own retirement planning in jeopardy. That is not an unknown future “what if” – that is a fact.
I am asking all members of the OMERS SC to do the right thing and vote against any proposals that reduce OMERS benefits, and request that, as the CEO, you ensure this correspondence is shared at the next meeting of the OMERS SC Board.
Sincerely
your name
then send
CUPE Ontario Alert – OMERS Town Hall Call July 11
Changes to your OMERS pension Telephone Town Hall
Mark your calendars: Critical call on changes to your OM.ERS pension – July 11, 6 pm
CUPE Ontario now has the details of the changes OMERS is planning to make to the pension plan and they are not good for you or the members of your local. You need to know the details so we can stop them before the damage is done.
We are holding a very important telephone Town hall to go over the proposed changes and what w need to do to protect your pension.
The Town hall will take place on Wednesday July 11th at 6:00 pm.
To participate all you need to do is answer the phone when we call or you can dial in directly by calling:
1-877-229-8493 (114235#) for English
1-877-229-8493 (114915#) for French
It is critical that your local executive is on the call
We look forward to your participation
CUPE Ontario
Omers
Fellow Members,
In March, we provided a brief update and a link to a CUPE online petition to remind OMERS that we expect our representatives to vote against any measure which would end guaranteed indexing for our pensions (see the 28 March 2018 post on our website). OMERS retirement pension payments are currently indexed to rise with the cost of living.
While there is not much new to report, CBC News published an article 2 June 2018 to revive the story, which also captures CUPE’s position on this matter:
http://www.cbc.ca/news/canada/ottawa/omers-union-pension-change-1.4687768
Although OMERS has not announced any decisions or reported any changes to our pension, the CBC article does acknowledge that OMERS has been reviewing its benefits since September, and this is still a proposal on the table.
If CUPE Local 101 receives any new information or updates, we will continue to share it in this space.
OMERS
Fellow Members,
As you may recall, last year OMERS explored the possibility of ending the practice of indexing our pension. Doing so would cause our pensions to fail to keep up the cost of living.
CUPE successfully campaigned and defeated this.
This year CUPE Ontario is asking for your support to help us remind OMERS that we expect our representatives to vote against any measure to end guaranteed indexing.
Please visit the link below to read the message, and consider adding your name in support.
https://cupe.on.ca/omers-guaranteed-indexing
Sincerely
Adam Brightling
Exec. Liaison, Sub Units
Unity Project for the Relief of Homelessness appreciates CUPE 101 participation
A huge thank you from all of us at Unity Project for Relief of Homelessness in London for your awesome participation in our Raising the Roof Toque Campaign 2018!
Overall, 377 toques and 138 ball caps were sold which generated sales of $8,415.00! Fantastic! It’s great being involved in the National Campaign. Thanks for doing your part!
Here is a link to our Facebook page with all of the photos from our Campaign.
Th London Abused Women’s Centre terminates CTV London/Bell Media Association
In light of CTV London/Bell Media’s failure to address the long-term, serious, and numerous public complaints and concerns of sexism, racism, homophobia, and xenophobia by at least one of its on-air personalities, LAWC’s Board of Directors has unanimously decided to severe its relationship with CTV London and Bell Media.
CTV London has been a long-term sponsor of LAWC’s largest fundraising event – The International Women’s Day Breakfast. We hope you and your organization and all Canadians will stand in solidarity with LAWC and the women and girls we serve by sharing the letter, boycotting CTV/Bell Media, and promoting and attending our event.
This is a historic time in the lives of women and girls who are rising collectively to hold perpetrators accountable for their behaviour. The London Abused Women’sCentr rises with them.
Megan Walker
Executive Director
London Abused Women’s Centre
797 York Street
London,Ontario N6A 5P9
Canada
519-433-2204