SUPPLEMENTARY HEALTH CARE PLAN MORE INFO
CBC PENSION PLAN MORE INFO
EMPLOYEE & RETIREE ASSISTANCE PROGRAM MORE INFO
DID YOU KNOW...

Currently more than 57% of CBC pensioners are members of the Association and the membership is growing every month.

Are you a CBC retiree, but have not yet become a member of the Association?

FAQ

 

1.     How is the CBC PNA Structured?

2.     How many members are there?

3.     How is the CBC PNA Funded?

4.     What is this money spent on?

5.     What has the PNA achieved?

6.     Do all CBC Pensioners and Survivors benefit from the Association’s work?

7.     Why should I remain a member?

8.     Once I join, can I opt out?

 

 

How is the CBC PNA Structured?

It has a national executive whose members are elected at a triennial convention and regional executives elected at annual general meetings in each region. Each region has at least one representative on the national Board of Directors. These are all volunteer positions; none of the elected officers is paid for his or her time.

It is formally incorporated as a non-profit organization under the Federal Societies Act with a Charter, Statues and By-laws. Its Executive Officers include a President, two Vice-Presidents (one Anglophone and one Francophone) and a Treasurer. These people are elected at a Convention which occurs every three years. The founding convention occurred in Montreal in June of 2000; The rest of the Board of Directors is made up of representatives (usually, but not necessarily the President) from each region across the country. In an effort to effect representation by population, the two largest regions (Ontario and Quebec) have two representatives on the National Board.

The regions are: Newfoundland/Labrador, the Maritimes, Quebec, the National Capital Region, Ontario, Manitoba, Alberta/ Saskatchewan/Northwest Territories, British Columbia/Yukon.

There are twelve Chapters and they are: Moncton, Prince Edward Island and Cape Breton; Quebec City; South-Western Ontario, Golden Horseshoe, Mid-Western Ontario, East-Central Ontario and North-Central Ontario; Southern Alberta; Vancouver Island and Southern Interior BC.

 

How many members are there?

There are over 5300 members from among the roughly 8700 CBC pensioners and survivors.
 

 

How is the CBC PNA Funded?

It is funded entirely through the dues paid by members of the Association. When members complete their membership application, they authorize the CBC to deduct Association dues from their pension cheque. These dues are tax deductible. The current rate of dues is 0.32% of gross pension – less than 1/3 of one percent. On an average pension of $21,000 per annum this works out to about $5.60 per month; on a smaller pension, say $1,000.00 per month, the dues would be $3.20 per month.

The dues are received by the National office. Each region then receives 25% of the dues for the members in that region to allow it to conduct its regional activities, and, in addition, each chapter receives $1.00 per member per month.

The rate of dues is set and reviewed at the convention every three years. It is likely they will be reduced when we no longer have the legal and actuarial expenses necessary to deal effectively with issues such as the Pension Fund surplus and the redesign of the Supplementary Health Care plan.

 

What is this money spent on?

Briefly – communication with members through newsletters and special communiqués, legal and actuarial consulting fees to deal with the pension plan surplus and consulting fees.

Aside from the costs of maintaining an office – salaries, rent, equipment and supplies, all of which are quite modest, our biggest expenses are on communication, followed by legal fees and actuarial and benefit consulting fees and expenses.

We believe that providing useful and up to date information to members and giving them access to information is a critical function of the association. To that end we produce usually three national newsletters a year – the newsletter is called “Contact” – in both French and English as well as sending out special communiqués from time to time. This generates a fair cost in printing, stationery, translation and postage. Additionally, to facilitate communication, we maintain a 1-800 number and a web site.

 

What has the PNA achieved?

1. Pension Fund Surplus:

Our efforts succeeded in convincing the Corporation to double the amount of the 1999 surplus to be allocated to pensioners and employees.

After obtaining legal and actuarial advice, the PNA intervened in the deliberations of the CBC Pension Board of Trustees regarding the allocation and distribution of the 1999 surplus. In a nutshell, our efforts resulted in the CBC’s decision to double the amount to be distributed to employees and pensioners from about 74 million dollars to 148 million dollars.

This improvement applied to all pensioners and employees so in effect, the amount you received, assuming you were a pensioner or survivor at December 31, 1999, was twice what it would have been had we not been involved. As you may know, that issue is not considered closed – the Association and all CBC Unions believe that more of the 1999 surplus should have been distributed. The Unions have filed a joint grievance and the Association is supporting that process behind the scenes.

2. Trade-Mark Licence Agreement and the Memorandum of Understanding:

We have negotiated a Trade-Mark Licence Agreeement and a Memorandum of Understanding with the CBC. One allows us to use the name CBC/SRC in the title of our organization and the other sets out the terms and conditions under which we will work together. The complete text of the Memorandum of Understanding is available here.

 


Do all CBC Pensioners and Survivors benefit from the Association’s work?

At the moment, yes. This is because we deal with plans, like the CBC Pension Plan and the Pensioners’ Supplementary Health Care Plan, which the CBC administers on behalf of all pensioners. Therefore any changes or improvements we make to those plans must apply to everyone in the plans. We don’t feel badly about this because at least we are improving things for our members, which is one of our principal goals.

However, now that we are well organized, we have negotiated agreements with providers of “affinity programs” – special things available to members only...

 

If non-members can get most of the things the Association develops, why should I remain a member?

Several reasons.

1. As noted above, while you may benefit from our efforts in the areas of the pension plan and supplementary health care, you will not be able to participate in any other programs we develop for our members.

2. Non-members do not receive our national newsletter – Contact – that keeps members informed about many activities and events of interest to CBC Pensioners, nor will they be receiving communication from the various regions about their activities. They cannot participate in our ‘affinity programs’.

3. Many regions and chapters now hold regular meetings and social gatherings through which former colleagues get together, keep up to date and generally enjoy the camaraderie of their former colleagues.

4. But most importantly, to provide us with the strongest possible voice in our dealings with the Corporation. The more members we have, the more attention the Corporation has to pay us when we argue for better and fairer treatment of our members. According to the protocol of agreement, our membership must remain higher than 50% of all CBC pensioners and survivors. If we ever fall below 50%, the CBC will cease to recognize us and you will have no one arguing on your behalf or looking out for your interests.

 

Once I join, can I opt out?

Yes. If you become dissatisfied with the Association you can write to the National Office in Ottawa, copying the Pension Administration Centre, requesting that your membership be terminated.

Your resignation will be processed effective the end of the month following the month in which we receive your notification. This delay is due to the fact that CBC pensions are paid in advance – i.e. you get your pension for May on the first of May, not the thirty-first.