September 2012
The following policy was endorsed unanimously by the members attending the May 31, 2012 Annual General Meeting of TWU Local R55:
Local R55 fully endorses the following as a first priority for any surplus funds in the TWPP:
The two targeted benefits for active members that have been set by the trustees of the plan:
1) Annual update
2) 55 and 25 early retirement option
As a second priority, if there are sufficient remaining surplus funds available, an ad hoc increase for retirees.