USW membership at KSCU ratifies new agreement

United Steel Workers and Kootenay Savings Credit Union have now ratified an agreement ending the labour dispute.

  • Nov. 26, 2016 7:00 a.m.

The following press release was issued by the USW Saturday afternoon:

Following 12 months of bargaining and a 27-day labour dispute, the unionized staff at Kootenay Savings Credit Union have ratified a new 4-year collective agreement by a majority vote of the 110 USW members at KSCU.

The ratification vote ends a contentious month-long dispute that began October 28 when the employer locked-out their employees. The ratified agreement contains wage and benefit improvements for the USW members but more importantly, shores up the protective pension language in the collective agreement while also providing some certainty for the employer by capping their liability.

“We returned to the table on Tuesday and the employer came back with a clear change in the approach to resolving the pension issue,” said Dean Lott, USW Staff Rep and lead negotiator for the union. “Their offer of a minimum annual contribution of $200,000 to cover any potential shortfall if pension changes were made gave our members comfort that their pension level would be protected while at the same time giving the employer certainty in their liability.”

“That’s if there are any changes made to the pension plan. If there isn’t, there’s no impact on the employer or our members.”

With provincial mediator Dave Schaub’s assistance, once the pension issue was agreed-to late Tuesday night, the other outstanding issues fell into place on Wednesday. At two ratification meetings in Trail and Kimberley on Friday, the new agreement was ratified, ending the dispute.

Details of the new agreement include:

$1000 lump sum in year 1; $1000 lump sum in year 2; 1.5% wage increase in year 3 and 2% in year 4;

4-year agreement expiring Dec. 31, 2019;

Resolution of the pension protection language issue

Improved eyewear benefit to $300/annually

Increased heath care spending account to $500/annually

Increased paramedical benefits from $200 to $500 annually but capping massage to $500 annually

Improved staff banking benefits

No change to hours of work

Return of third floater for full-time employees lost with the declaration of BC Family Day in 2013

The United Steelworkers (USW) Local 9705 (Trail) and USW Local 1-405 (Cranbrook) represent 110 employees at KSCU branches and offices in Trail, Fruitvale, Castlegar, Salmo, South Slocan, Kaslo and Kimberley.

 

Just Posted

West Kootenay RCMP charge man with impaired driving in school zone

Sgt. Chad Badry reports on impaired drivers and other high risk offences

Company granted leave to appeal Lemon Creek charges

Executive Flight Centre won a decision in the BC Court of Appeal

Kaslo bus fueled by vegetable oil to begin service next month

Mountain Man Mike’s will run routes to Vancouver and eventually Edmonton

Police investigating felling of old cedars at Cottonwood Lake

One of the cedars was 300 to 450 years old

Castlegar non-profit’s stolen van located

Kootenay Society for Community Living’s van was stolen May 14.

Rescuers finally persuade Eiffel Tower climber to come down

The official said the man was ‘under control and out of danger’ on Monday night

B.C. sends 267 firefighters to help battle Alberta wildfires

Out of control fires have forced evacuations in the province

Calgary Police looking for missing man who may be heading to B.C.

A man last seen on May 15 in Calgary may be heading to the Kootenay region, according to police

LETTER: Fletcher ‘blurs reality’ on B.C. union public construction

Bridge, highway projects awarded to companies, not unions

Killer of Calgary mother, daughter gets no parole for 50 years

A jury found Edward Downey guilty last year in the deaths of Sara Baillie, 34, and five-year-old Taliyah Marsman

Federal government funds millions to help B.C. police spot drugged driving

Many police departments have expressed wariness about using the only government-approved roadside test

Judge: Mississippi 6-week abortion ban ‘smacks of defiance’

The new law would prohibit most abortions once a fetal heartbeat can be detected

Oil companies, 24-cent gap between B.C., Alberta to be focus of gas price probe

Premier John Horgan called the spike in gas prices ‘alarming’

Motorcycle deaths spike 50% since 2017

Riders were most likely fatally crash on the weekends compared with the rest of the week

Most Read