____________________
Pensions Bankruptcy Union Position
Nortel Pensioners Rally at Queen's Park to Demand Action
TORONTO - Pensioners, long-term disabled and former Nortel
employees are declaring they want justice and action now from the Government
of Ontario and the federal government, to overhaul the country's unfair
bankruptcy system.
On October 7, they will converge on Queen's Park from communities across
Ontario to join in a mass protest rally at 12:00 noon. At issue is the loss
of pensions, severance pay and benefits as Canadian companies, like Nortel,
go into bankruptcy. Their message is that workers who helped build successful
companies are being discriminated against, cheated out of what is owed them
and now face financial ruin.
"This travesty is being ignored by the Government of Ontario and the
federal government," said CAW President Ken Lewenza. "Governments in other
countries where Nortel operated are taking action to secure pensions and not
punish retirees for their years of service."
Speaking at the rally will be: Ontario NDP leader Andrea Horwath, CAW
National President Ken Lewenza, former Nortel President Bob Ferchant,
President of Nortel Retirees and former employees Protection Canada (NRPC)
Don Sproule, former CAW Secretary-Treasurer Bob Nickerson and Mary Jane
McKinnon, CAW member and former Nortel worker in Belleville.
The CAW once represented several thousand Nortel workers in Ontario. In
its prime Nortel had manufacturing plants in Belleville, Kingston, London,
and the Toronto area. Today only the Belleville location remains with a few
CAW members. And they have an uncertain future since Nortel has just sold
their operation to a US company.
The NRPC is a volunteer organization whose goal is to protect the
interests of all Nortel pensioners and former employees. The NRPC has been
actively campaigning on their behalf in the courts, political arenas and
media since Nortel entered bankruptcy protection in January 2009.
|