Following a number of unilateral decisions by the company affecting the way the Alcan Pension Plan (APP) is handled, a group of some 40 retired executives created an association tasked with the mission to defend the rights and interests of pensioners and surviving spouses.
General assembly of retirees in our pension plan, creation of a temporary committee, and appointment of an acting president.
Receipt of the official letters patent recognizing the Association as a non-profit organization grouping together Alcan retiree members of the APP and surviving spouses.
First official general assembly of the association bringing together 150 retired beneficiaries of the APP and election of a board of directors.
Regarding the Rio Tinto Alcan Pension Plan (RTAPP):
Elimination of APP contribution holidays for active employees and the company.
Payment of regular contributions for active plan employees, no matter the plan's financial situation.
RTA commitment to make contributions at least equal of those of active plan members when the plan is not in a deficit.
Establishment of a pension indexation policy (traffic light system).
Significant increase in RTA's contribution to the health insurance premium to 50% for the basic plan on January 1, 2008.
Annual meeting between RTA and 64-year-old retirees to explain to them the choices they will have to make at 65 regarding their fringe benefits.
Biannual meeting with the fund's actuary to inform us of changes in the plan and plan results.
Adoption of bills 195 (April 21, 2005) and 30 (December 13, 2006) recognizing pensioners' equity rights and the company's obligation to inform pensioners of amendments or consult them on the use of the pension plan's surpluses.
Bill 30 also gives powers to retirement committee members.
Adoption in June 2008 of Bill 68, which allows the Association to seek the consent of retiree's beneficiaries of the RTAPP with regard to their personal information.
Tabling of a brief with the Parliamentary Committee (July 9, 2013) on the D'Amours report "Innovating for a Sustainable Retirement System",