LTD ballots are in the mail
Published: May 12, 2008
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It has come to our attention that the TCRC Long
Term Disability Trustees have sent information packages, including
ballots, to all Conductors, Trainmen & Yardmen at Canadian Pacific
Railway. The purpose of the mailed package is to solicit your inclusion
in the LTD plan under the same terms and conditions as the Locomotive
Engineers LTD plan.
We encourage all affected 295 members to vote on
this important issue. Your ballot must be marked either Not In
Favour of this Proposal or In Favour of this Proposal.
ü
A vote “In Favour” means you are voting to become a
member of the TCRC LTD Plan.
ü
A vote “Not In Favour” means you are voting to
decline joining the TCRC LTD Plan.
The current LTD plan cost is not a stipulated
amount; members must pay a percentage of their income in order to
finance the plan. The current LTD Plan percentage is 1.5% of your
earnings.
The votes will be tabulated Thunder Bay and West
and East of Thunder Bay separately and will be based on the majority of
the ballots received by each General Committee. If one General Committee
votes in favour of the proposal and the other General Committee votes to
decline the offer, then only one General Committee will join the LTD
plan.
Please note that in order for your vote to be
counted the ballot must be returned and received by 12:00 noon on
Monday June 16th 2008. Ballots arriving after that time
will not be counted.
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