Passing this along for those contract/temporary people not on the CBC’s various electronic messaging systems:
In accordance with the current CBC/CMG Collective Agreement, all eligible temporary and contract employees receive a payment in lieu of pension equal to the Corporation’s contribution to the pension plan for full-time permanent employees. The purpose of the in lieu of pension payment is to provide these employees with an equivalent amount of money to invest in their own RRSP or to use in a way that is of benefit to them.
Effective August 7, 2006, the ‘in lieu of pension’ payment will be adjusted to 10.15 per cent. Affected employees will see this change on the pay date of August 31, 2006.
Should you require additional information, please contact your local Human Resources department.
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In accordance with the current CBC/CMG Collective Agreement, all eligible temporary and contract employees receive a payment in lieu of pension equal to the Corporation’s contribution to the pension plan for full-time permanent employees. The purpose of the in lieu of pension payment is to provide these employees with an equivalent amount of money to invest in their own RRSP or to use in a way that is of benefit to them.


















Umm… I contacted HR and this is actually a slight reduction. I could be wrong. It’s worth verifying.