All four unions at CBC/Radio-Canada (APS, AR, CMG, STTRC) and the CBC Pensioners Association met with management about pension surplus sharing on October 4, 2023, and were told of some requirements made by the Office of the Superintendent of Financial Institutions (OSFI), the regulatory body governing pension boards. This means that a consultative process must take place, mainly amongst pensioners, before any disbursements can occur. Unfortunately, this will most likely mean a delay in payouts that was not anticipated by any of the parties. Please be assured that all four unions and the Pensioners Association are working cooperatively with CBC to ensure as timely a rollout of payments as possible. We will share more details as they become available.
Stéphane Désautels, APS President
Julie Brunet, AR President
Naomi Robinson, CMG-CBC Branch President
Donald Langis, PNA President
Pierre Tousignant, STTRC President