Covid-19 virus and pending Air Canada off-duty status update

The current situation surrounding the Covid-19 virus has impacted almost every facet of our day to day life.  Unfortunately, this has also impacted the airline industry with a large reduction of capacity and with this will certainly follow with lay-offs of airline personnel.  The IAMAW has issued a bulletin that addresses what is likely to happen within the TMOS ranks.  View the info, in English or French below:

Bulletin No. 010_EN

Bulletin No. 010_FR

Multi Employer Pension Plan: IMPORTANT INFORMATION

A new bulletin has just been issued with some very important information on it regarding your overtime hours and how that may be used in your future pension calculations.  Please read it carefully and submit your selection on the provided forms.  Note that there is a 90 day window from receipt of this bulletin to make your selection and once made is irrevocable.

MEPP UPDATE FORMS

Air Canada retirement health benefits

Dear Brothers and Sisters:
Air Canada is asking eligible retirees whether they will give up their life insurance and health benefits, both of which were guaranteed for life, for a one time cash payment for life insurance, and a health care spending account of $450 yearly for the retiree, and another $450 for eligible dependents for a total maximum of $900 for health benefits. The decision whether to take the Voluntary Buyout Program is a personal one, and we cannot make a recommendation about what to do. However, we suggest that our members consider the
following when making the decision:

Bulletin041_EN