PPWC LOCAL No.9 PENSION

The primary objective of the Pulp and Paper Industry Pension Plan (the Plan) is to provide retirement income to employees in the pulp and paper industry covered by a collective agreement between their employer and the Pulp Paper and Woodworkers of Canada (PPWC) or the Communication Energy and Paperworkers Union (CEP). The Plan also provides benefits in the event of death or termination of Plan participation. This booklet is a summary of the Plan provisions as of January 1, 2005. Your pension benefit under the Plan for all service after December 31, 1996 is based on your earnings, as defined in the Plan text, and a benefit rate of 1.4% (or such benefit rate that is in effect at the calculation date)... click for more