That ain't the CCWIPP, but it's close.
Maybe now we're getting the picture of how Tommy Corrigan, Dave Harvey and Cliff Evans fit together.
Potentate, the letter is from David Harvey.
Dave boy is also a person of interest in the CCWIPP's Bahamas hotel deals. He is also very connected to the Pinestone deal.
You should find out who the other companies in you pension plan are.
You may want to ask for the plan's financials from the FSCO. You've just taken a huge whack from this pension plan.
CCWIPP Ontario Letter (ok I lied, but it's close)
I just received my Sledge Hammer Season 1 DVD, and at the same time got a letter from CCWIPP! There is some definite kismet there. Allah is about to give me a DVD course on dealing with this scum.
The crazy questions around work are:
a) what the hell is this and what does it mean?
b) last year our local guys told us that Mondo Condo Travelodge employees weren't with CCWIPP, but rather with some trust. What's that about? Keep lyin' to us boys. The Potentate is not pissed off enough yet. I just said that as I put my fist through the fucking wall.
I'm going to play ISDU secretary and test my now one-handed typing ability here...
------------
IMPORTANT NOTICE
TO: ALL ACTIVE MEMBERS OF THE ONTARIO UNITED FOOD AND COMMERCIAL WORKERS PENSION PLAN
("the Pension Plan) Registration Number 0930396
FROM: THE BOARD OF TRUSTEES OF THE ONTARIO UNITED FOOD AND COMMERCIAL WORKERS PENSION PLAN
______________________________________
The pension Plan is a "multi-employer" plan covering 39 employers and 4000 Members throughout the province of Ontario. One of the Pension Plan's basic principles is that all members receive the same amount of pension benefit for the same amounts of contributions within a given period of service.
The Pension Plan pools all the of (sic) the resources and money from participating employers making contributions on behalf of bargaining unit employees in accordance with collective bargaining agreements. Accordingly, employees do not have to contribute to the Pension Plan in order to receive a pension at retirement.
Most of you are aware that a combination of record low interest rates and difficult investment markets has resulted in funding difficulties for pension plans. You Pension Plan, like many other plans has not come through the last few years unscathed. The investment market conditions have contributed to a lower rate of growth on the assets managed by the Pension Plan than was expected based on historical experience. At the same time, the low interest rates have increased the cost to provide future benefits.
As a result, in order to help stabilize the plan and protect the benefits that members have accrued to date a new scale of benefits for future service (see attached) is being introduced effective January 1, 2005. This change applies only to pension benefits earned on or after January 1, 2005. THERE IS NO CHANGE TO THE AMOUNT OF PENSION THAT YOU HAVE EARNED UP TO DECEMBER 31, 2004.
Please note that the Pension Regulators have been informed of these changes.
For further information, please contact the Plan's Administrative Agent:
Benefit Plan Administrators Limited
200-135 Queens Plate Drive
Toronto, Ontario
M9W 6V1
Toll Free: 1-800-867-5615
Effective January 1, 2005 the articles 5.1 and 5.2 of the Pension Plan have been amended to read as follows:
Article 5 - Retirement Benefit
5.1 The monthly amount of retirement benefit payable to a Member who retires on or after his Normal Retirement Date as applicable shall be:
(a) $6.00 for each $208.00 of contributions made on his behalf up to December 31, 2004; plus
(b) $6.00 for each $700.00 of contributions made on his behalf after December 31, 2004
5.2 A Member who elects to retire before his Normal Retirement Date in accordance ARTICLE 4.2 hereof shall receive a monthly retirement benefit in accordance with ARTICLE 5.1 herein to his Early Retirement Date actuarially reduced for each month his Early Retirement Date precedes his Normail Retirement Date.
---------------------------------
There was a bonus page of question answer that I didn't bother transcribing. Now I and the Mondo Condo staff shouldn't care too much because CCWIPP'S PUT US ALL OUT OF WORK anyway, but weren't we talking about some 20% reduction in payouts recently?
Now the number 208 changes to 700. isn't that's almost 3-1/2 times more 'work' to get the same payout?
My fellow workers and I don't claim to be experts in this pension bullshit, but we are!
See, we wrote off the idea of ever seeing a pension a long time ago.
quote:
posted by weiser:
That ain't the CCWIPP, but it's close.
It's a nice way of getting it some notice though.
And Benefit Plan Administrators fucked up some of my stuff recently so they can take center stage too.
Honestly, the hotel workers don't know shit about what's what with the pension fund. Nobody has a straight answer.
This rate change sounds horrible for those that are left working for it. You going to make me look it up? Or do you know who the rest of the 39 are?
Youse will be contacted off line. It's time to start digging.
quote:
...THE ONTARIO UNITED FOOD AND COMMERCIAL WORKERS PENSION PLAN
Is that any relation to the B.C united food and commercial workers pension plan?
Nope!
We'll tell ya' in a while.
Hmmmm...... Very Interesting
Looks like the review on the latest price increase isn't finished yet.
quote:
posted by weiser:
Potentate, the letter is from David Harvey.
Dave boy is also a person of interest in the CCWIPP's Bahamas hotel deals. He is also very connected to the Pinestone deal.
You should find out who the other companies in you pension plan are.
I just checked on his other addys. He's right down the street at the big union complex on Wilson Ave... search on 1263 Wilson
Damn, that is annoying. I could have just gone down the street to pummel someone instead of playing phone tag just to hear "the problem is not on our end. Not our prob. Go fuck yourself".
I still haven't resolved it. Forgot to ask the General earlier today.
Add David Harvey to the 'Lick My Choda Before You Rim Me' list.
Harvey is a really close associate of Cliff Evans. I'd heard that he took over pension administration for a bunch of UFCW "accounts" back in 2001 or 2000. His headquarters is in the famous CCWIPP-funded building at 135 Queens Plate Drive in Rexdale (home of the famous CCWIPP-funded AFM Hospitality Corporation and of the not-yet-famous Sissu Onni CCWIPP investment manager and major debtor and of the CCWIPP law firm and on and on).
Harvey is also involved in flowing dough to the CCWIPP Bahamas resorts.
He's part of the daisy chain of union-money-making operations that includes biz unionists from the Teamsters, Carpenters, Labourers, SEIU and UFCW.
The fact he and Cliff have been running this little pension plan on the side is enough to get nosey people like me very interested.
quote:
a) $6.00 for each $208.00 of contributions made on his behalf up to December 31, 2004; plus
(b) $6.00 for each $700.00 of contributions made on his behalf after December 31, 2004
That isn't a reduction ISDU, that's a slash and burn. Man, i've seen cuts around the country the past two years, but NOTHING like this. I'd be digging deep on this one, gotta be more going on than three down years in the market.
quote:
posted by Bill Pearson:
[QUOTE]That isn't a reduction ISDU, that's a slash and burn. Man, i've seen cuts around the country the past two years, but NOTHING like this. I'd be digging deep on this one, gotta be more going on than three down years in the market.
Digging's fun when you know that you'll hit paydirt... or is it PAYBACK?
Hey Cliffie, Sledge is on the case...
And the plot thickens. We've been sitting on some information related to this story about Teamsters Local 938.
The $70 thousand was allegedly loaned to Bartolotti by one of the players connected to some of the pension stories. What really surprised the Teamster reformers was who allegedly repaid the loan. Two people who were, supposedly, loosly related in business allegedly paid off the Bartolotti's benfactor.
As people have dug deeper, they have found that the two dudes are compadres in lots of deals.
Stay tuned for the goods. They will be delivered right on time for the greatest of effect.
Wowee, there are some real winners over at the FSCO! Totally nervous and unable to answer questions. Wonder what they get paid for that?
This was faxed a short while ago (to the main number and the pension division)...
-----
Attention: Mr. John Khing Shah,
As per your request, I am submitting a written request for copies of all documents in relation to the Ontario United Food And Commercial Workers Pension Plan (Registration Number 0930396).
Time is of the essence as my coworkers and I are about to be laid off permanently. Speaking with our plan administrators is fruitless, as they will not provide all the information we seek. Hopefully the government agency ‘looking out for us' will.
Now after speaking with you over the phone, I was not left too impressed with the FSCO and its supposedly ‘public' service. Your quoted ‘I'm not sure, but I think' charge of $0.50/copied page is only ludicrous in that as an FSCO representative, you do not know. The fact that it is potentially this high, wasn't too surprising. Gouging the public, or trying to restrict their access to information, seems like standard operating procedure.
So with money being no object (since the cost will be made VERY public, along with how helpful you are), here is what I am looking for…
-All copies of the Pension Plan's audited financial statements going back to the inception of the Plan.
-A complete copy of the Pension Plan text.
-The actuarial reports for 2002 and 2003.
-Any documents about proposed changes to the Pension Plan that have been submitted to the FSCO for approval and any written communications between representatives of the Plan and the FSCO in relation to those proposed changes.
-The Pension Plans trustees' policies and guidelines related to investments, conflicts of interest, responsibilities of pension plan trustees, administrators, investment managers and other service providers.
-Copies of any reviews or examinations of the Pension Plan conducted by FSCO or other regulatory agencies.
-All documents and records in relation to the change in the scale of benefits implemented January 1, 2005. And - the names of all pension plan trustees since the date of inception of the plan.
That's enough for now. I am willing to stop by at any point to pick up this information (after you cost it out for me), and to provide you with photo ID, along with any other documentation you require. I won't charge you for it either.
Thank you for your quick attention to this matter,
-----
Stopwatch starts now. C'mon FSCO guys. Make us proud. Finn, ready to proxy again?
Who thought losing a job and a pension could be so fun?
quote:
posted by ISDU Potentate:
Stopwatch starts now. C'mon FSCO guys. Make us proud.
8AM!! I was so excited I almost got out of my coma and picked up the phone to answer my Buddy John!
John had just received his copy of the fax and claimed to be 'very suprised by the tone'. I take that, and his immediate informative phone call message as a great compliment! Maybe the next Potentate letter will be to the Pope- "Now listen you pointy hatted fucker...".
Anyway, John Khing of my world Shah needs some minor technicalities taken care of. Then we can have a meeting because it is $0.50/copy (you learn something on the job every day) but still not worth their effort to dig up all this stuff. So we'll apparently have to go in and terrorize our friend.
If I can't get back to sleep... the poor man. No AM phonecalls allowed in the Potentate's palace.
Back to the pension caper!
I have been letting John stew for a week (just haven't cared). I'll get all the stuff straight with him in the next couple days.
I'm not a pension guru yet, so I need guys like Bill and Weiser holding my hand on this (only my hand guys- the Potentate is serious here- fun later).
Here's our pension clause...
quote:
The Employer will contribute forty-three cents ($.43) per hour worked by each full-time seniority employee into a Pension Plan established by the Union and known as The Canadian International Union Workers' Pension Plan effective 18th, September 2002. The Employer will contribute forty-six cents ($.46) per hour worked effective September 18, 2003 and forty-eight cents ($.48) per hour worked effective September 18, 2005. The Plan is administered by Benefit Plan Administrators Limited, Suite 200, 135 Queen's Plate Drive, Etobicoke, Ontario, M9W 6V1
I'm just curious about the name. When did it switch? The lettering was closer to CCWIPP than this recent Ontario one. I can't find it at the FSCO. Is it in some other jurisdiction? Anyone know what the fuck is going on. Did I say I'm tired of this shit yet??
Just ignore me if I did.
Your best bet is to visit our fine friends at the FSCO and ask to root through the files of the THE ONTARIO UNITED FOOD AND COMMERCIAL WORKERS PENSION PLAN ("the Pension Plan) Registration Number 0930396.
There has to be a paper trail in a box or file folder.
John is on the ball! Been told they're bringing in more info. Flying it in just for MfD. Private helicopter to the roof of the FSCO offices. Very spy like! As thanks we won't post the last fax. The Potentate almost felt bad for it.
The guy's trying! 
No credit cards though. Checks are cool. Didn't discuss bags of pennies.
Don't be surprised if they are cleaning out the files rathter than bringing in new stuff. There'll be stuff you're allowed to see and the good stuff will be moved to "stuff you can't see" boxes. I'd get down there today.
quote:
posted by weiser:
Don't be surprised if they are cleaning out the files rathter than bringing in new stuff. There'll be stuff you're allowed to see and the good stuff will be moved to "stuff you can't see" boxes. I'd get down there today.
Oh that doesn't suprise me. I'm the type that asks to see 'the other box... because John, I know there's another fucking box and if you don't show me that other fucking box, I'm going to get more than a little pissed. I'll get pissed all over you John. Now be a sweetie and get the other box... run along now.'
I'll bug him later today, just for you weiser. And me... but this one is dedicated to you.
An interesting pension question came up today. The Travelodge employees know they have 'some' money put toward their pension, but no clue as to how much. Rough calculations show that the amount should exceed any severence payment they are entitled to. It might be small, but many are curious about what happened to it. There is also that 'breakage' thing that would increase the amount.
Anyway the question(s) is, with all the union changes that occured with this hotel, did the money also go with it? The plan is registered to UFCW Local 351. Before that Teamsters (Textiles) 351 had it and before that HERE Local 75 had it and before that UFCW 206 had it. There might have been more in there. Not to mention no one is quite sure how it was taken care of the first time the hotel closed with local 75. Would it have been paid out? It doesn't seem to be the case this time around.
In general, when a union takes over/raids/whatever, does the pension money and investments just get transfered? Or do the employees start over and give up their cut to the old guys? That sounds ridiculous but very possible. At least in our situation.
It depends on loads of variables ISDU. I'm not that familar with Canadian laws, but i'm certain you have vesting requirements that will always have to be met. The first thing i would do is ask the pension fund for copies of the Summary Plan Description (SPD). That will have the basics of the fund and should conform to all legal obligations.
In your case with the closure, their will be no continuation, unless you go to another job where the union has the same plan. Usually funds have certain time frames (break in service) for this to happen. In our plan, if a member worked in the industry and had three years (not enough to vest), left and then went to another contributing employer, they had three years to return to keep their contributions intact. The SPD should explain this.
The bigger issue is how all of these interactions between unions has affected workers. There are all kinds of scenarios that can play out. In the case of a hostile action, workers decertifying or changing unions, typically the funds cease accepting contributions and workers who aren't vested are screwed. In the case of a less hostile act, say a merger, the terms are usually negotiated. This is where all the variables comes into play.
I would want answers from the trust fund first. They have a legal obligation to explain and answer all of your questions.
Potentate blood pressure is at a high. Roid rage can't compare to this. I'm dealing with these FSCO people. Then I come across this... 2003 Disclosure
Financial Services Commission BARBOUR ROBERT Head, Investigations $162,885.55 $185.12
Financial Services Commission BAYEFSKY EBAN Arbitrator $100,992.20 $201.21
Financial Services Commission BLACKMAN LAWRENCE Arbitrator $101,768.60 $201.21
Financial Services Commission BYTHELL ANN Ombudsman & Exec. Dir. $144,391.73 $290.28
Financial Services Commission CAMPBELL MALCOLM Dir Ombudsman Servs $119,554.89 $223.52
Financial Services Commission CAMPBELL MARGOT Sr. Manager, Client Services $107,330.04 $185.12
Financial Services Commission CHAN DENNIS Chief Actuary, Insurance $144,485.78 $264.36
Financial Services Commission DELLA ROCCA LINDA Director Corporate Services $125,017.75 $209.28
Financial Services Commission DRAPER DAVID Director of Arbitrations $149,271.24 $244.51
Financial Services Commission DUDZINSKI BARBARA Dir Dispute Resolution Servs $122,078.85 $223.52
Financial Services Commission EVANS DAVID Arbitrator $104,194.02 $201.21
Financial Services Commission FEALDMAN ISOBEL Dir. Business Planning Review $101,839.87 $200.67
Financial Services Commission GOLFETTO TOM Director Pension Plans $107,242.62 $200.93
Financial Services Commission GORDON DAVID Deputy Superintendent $128,911.53 $261.41
Financial Services Commission HALL DARLENE Dir. Auto Insurance & Analysis $117,297.69 $223.52
Financial Services Commission HANDLER WILLIAM Sr Mgr Auto Insurance Policy $103,636.63 $185.12
Financial Services Commission HARPER JOHN Director Compliance $187,183.61 $223.52
Financial Services Commission KILLORAN JUDITH Arbitrator $104,191.02 $201.21
Financial Services Commission LEITCH DAVID Arbitrator $101,768.60 $201.21
Financial Services Commission MA CHUN-MING Chief Actuary $160,573.55 $203.97
Financial Services Commission MCMAHON STEWART Appeals Officer $103,496.73 $211.83
Financial Services Commission MILLER JOYCE Arbitrator $101,768.60 $201.21
Financial Services Commission MILLIGAN ROBERT Sr. Mgr.Life Ins / Dep.Inst. Pol $107,188.10 $200.88
Financial Services Commission PALMER JULAINE Arbitrator $113,947.08 $208.13
Financial Services Commission PERSAUD CECIL Sr. Manager, Examinations $112,798.97 $185.12
Financial Services Commission RENAHAN WILLIAM Arbitrator $101,768.60 $201.21
Financial Services Commission SASTRI ANITA Sr. Manager, Examinations $101,941.56 $185.12
Financial Services Commission SEIFE ASFAW Sr. Arbitrator $102,015.06 $208.09
Financial Services Commission SHAM NARDEO Sr. Manager, Quality Service $103,946.52 $185.12
Financial Services Commission SHIP MARTIN Dir. Corp Pol & Public Affairs $124,748.43 $223.52
Financial Services Commission SONE ANNE Arbitrator $101,399.33 $201.21
Financial Services Commission SWANSON GRANT Dir. Licensing & Compliance $121,052.85 $223.52
Now why am I pissed more than usual?? Knowing that I gotta walk into this government agency and give these fuckers $0.50 per copied page for any info that I seek. I can't imagine how many more people are on that payroll. But I'm sure they make a helluva lot more than my fellow workers and I do.
Now these guys aren't all with the pensions division... but at that tax-paying cost, the Potentate demands a full-nude-ball-sac-hanging-touch-allowed lap dance from each one of them when he shows 'up'. Better be a fucking great lap dance. And my buddy John gets one too. He's a cutie. Lap dances all around. The Potentate has his list and I want every one of these people prepared for his arrival. Take the poles out of each others asses and start practicing your dance moves. I want a comfortable lap dance chair set up. 3 mirrors incase the hairy fat guy on top of me blocks mirror #1's view.
I will happily pay $0.50/page. HAPPILY!!! And I'm going to ask each of the people on that list for a donation to the cause (after our groping session). Then we'll light up a joint and discuss pensions and ineffective government agencies.
Oh FSCO, we're all gonna have such a fun time! Hope someone videotapes and it gets out on the internet. The steamy FSCO/Potentate video! Not as good as the Paris Hilton one, but good enough.
A Paris Hilton/Potentate video. The fantasy is so nice, it hurts...
which only makes it better.
Blood suckers.
I'm always astounded when so much anger is waged at the people on social assistance who may or may not *qualify*. We get angrier at them than we do towards the bastards stealing tens of thousands from our social coffers..
quote:
posted by siggy:
Blood suckers.
I'm ready to deal with them, squish them and make Potentate abstract wall-art with 'em.
Some fucker is going on the record with answers as to why I need to subsidize their overpaid asses. They can think about it during their expense-accounted lunch. While they are gorging at the local Milestones restaurant, I'll be copying all my shit at the Kinko's across the street for a tenth of the cost.
And if you jackass motherfuckers tell me I can't (John can accompany and provide FSCO security)... it'll all be on the record.
I've already been raped, with thanks to you. Not gonna happen again.
My pension statement as of Dec. 31/04 arrived today.
Seems to be a 2 year vestment period. I don't have a beneficiary designated. Hmmmm... who gets my money in that case?
2 notes:
quote:
Note: The value of your Pre-1990 contributions with Interest to December 31, 2004 is $0.00. This amount has been converted to a monthly pension, effective January 01, 2000, in accordance with an amendment to the Plan Text, and is reflected in your Total Monthly Pension shown above.
Funding: The most recent valuation of the Pension Plan performed at December 31, 2003 shows that the liabilities under the Plan are not fully funded as defined under the Pension Benefits Act, R.S.O. 1990. The Solvency Ratio of the Plan as at December 31, 2003 was .67.
.67 in 2003, and most likely downhill since then. How bad is that number?
As solvency ratio's go, it doesn't give me a warm feeling. I believe the CCWIPP ratio is .62
According to this FSCO document plans with ratio's of less than .8 are candidates for extra special scrutiny.
I wonder if the FSCO has these UFCW plans on its "risk-based supervision" list? We must ask.