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 8:00 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

RED resort announces new ski lift

Topping lift will add new ski area to resort, reduce bottleneck on Motherload chair

Update: Bodies recovered from Pend d’Oreille River crash

To help support the family, a fundraiser has been set up at Kootenay Savings in Fruitvale

Paramedics union raises alarm over spike in out-of-service ambulances

Staffing shortages affecting service levels in Kootenays

Split council vote changes Castlegar infrastructure levy from five to seven years

Major industry will be seeing a tax increase over the next seven years as well.

South Okanagan-Kootenay MP calls federal budget ‘not bold enough’

Richard Cannings, MP for South OK and Kootenay communities says budget missed the mark

‘Full worm super moon’ to illuminate B.C. skies on first day of spring

Spring has sprung, a moon named in honour of thawing soil marks final super moon until 2020

Dead sea lion discovered on Hornby Island shoreline

Reports indicate animal was shot in the head

Celina Caesar-Chavannes quits Liberal caucus, sits as independent MP

The Whitby, Ont., MP has been a vocal supporter of Jody Wilson-Raybould and Jane Philpott

Woman punched on the sidelines of B.C. soccer game

Both involved were watching the U21 game in West Vancouver from the sidelines when things got heated

Catch-up immunization aims to stamp out B.C. measles resurgence

Vaccination records to be checked at B.C. schools next fall

Paramedic staff shortage at critical level: B.C. union

A number of units were out of service due to lack of staffing in Lower Mainland, union says

B.C. dairy farmers say federal budget not enough to cut losses from USMCA

Concerns raised over vague details, funding access and impacts on growth

Free app launches to help immigrants, refugees as they settle in B.C.

Mobile app Arrival Advisor was developed by Vancouver-based non-profit PeaceGeeks

40 records broken across B.C. as hot streak continues

Abbotsford hottest spot in Canada on Tuesday

Most Read