Quote:
Originally Posted by iggy_oi
They can clearly see these problems, but they are still digging their heals in claiming it is the best and only option. You come off as a fairly knowlegable poster, do you really think there is zero possibility that Canada post is not at all trying to use the system to their advantage to get what they want instead of participating in meaningful negotiations? I may not agree with it, but at the same time I understand why they are doing it. And yes both sides can and have used the system to their advantage throughout history.
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Of course Canada Post is trying to advantage itself. Because, as I have noted numerous times now, Canada Post has numerous examples of defined benefit pension plans crushing companies and communities. It is to Canada Post's advantage to not go down that same path. That is why it is switching, and why it is trying to force CUPW to do the same.
And to respond to one of your paragraphs that I clipped - you are right that the switch likely will not spare the taxpayers from having to bail out a deficit on the existing plan. What the change will do, however, is protect taxpayers from having to bail out
future plan members.