Local East Coast Credit Union workers have voted to ratify their collective agreement Monday night.
Ken Shea, President and CEO of ECCU tells The Hawk he’s happy the process is complete.
“I think it’s a very positive step,” he says “We look forward to working with our employees and getting back to business at the credit union.”
Jeanne Doiron, Unifor Rep for the ECCU Employees tells The Hawk that along with multiple benefits they updated their pension plan as well.
“The new collective agreement actually maintains the current defined benefit pension plan for all current employees at East Coast Credit Union,” she says. “So, even those that aren’t currently in the plan and not eligible yet will get to join that plan.”
Doiron says that new employees to the credit union as of August 1st, 2018 will get a defined contribution pension plan.