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Keep calm (find a compromise) and carry on
The Royal Mail (akin to our Canada Post Corp. national mail service) and the Communication Workers Union, which represents its employees, were the driving force behind the new legislation. The two parties teamed up to lobby the government after a 2017 dispute over the pension and other issues, says Terry Pullinger, deputy general secretary of postal for the union. The Royal Mail declined Benefits Canada’s request for comment.
The U.K.’s mail service was staring down a projected £1-billion funding deficit for its DB plan that was closed to new entrants and wanted to wind it down entirely and move the remaining employees over to its DC scheme. “It prompted the idea in me; I wasn’t satisfied with DC. I absolutely believe that wage in retirement is the only way for people to keep dignity and security in retirement,” says Pullinger. “They were in need of a solution, so out of adversity . . . it gradually made people more o ....

United Kingdom , Rosalind Gilbert , Neil Lloyd , Terry Pullinger , Francois Barker , Communication Workers Union , Royal Mail , Eversheds Sutherland Ltd , Canada Post Corp , Financial Services Authority , Canada Post , Benefits Canada , New Brunswick , Nova Scotia , Western Canada , Street Global Advisors , Eversheds Sutherland , ஒன்றுபட்டது கிஂக்டம் , ரோசாலிண்ட் கில்பர்ட் , நீல் லாயிட் , பிராங்கோயிஸ் பர்கர் , தொடர்பு தொழிலாளர்கள் தொழிற்சங்கம் , அரச அஞ்சல் , கனடா போஸ்ட் கார்ப் , நிதி சேவைகள் அதிகாரம் , கனடா போஸ்ட் ,