A good pension is essential to the safety of your family. A good pension fund in your workplace is the key to your future financial health.
In Canada, union-negotiated pensions dictate the tone and IAM is a leader in this area. In the aerospace and aerospace sectors, we have negotiated some of the best pension plans in Canada: indexed benefits based on employment earnings in the last few years before retirement. Our pensions guarantee our members a comfortable and dignified retirement.
The IAM also administers a multi-employer pension plan managed by several trustees that offers a safe and affordable retirement option. The administrative costs of this plan are low. The IAM Union-Management Pension Plan guarantees you get everything you’ve negotiated without the risk of your employer paying for contribution holidays when the plan generates surpluses. Any surplus must remain in the plan and be used to improve the benefits.
When it comes to negotiating a pension plan, the IAM uses its high-level expertise and know-how to deal with complex legal and actuarial issues. If you have any questions about pensions, please send an email to info@iamfamily.ca