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FITUN PENSION REPS CALL FOR COSSABO

posted 27 May 2013, 19:29 by Gerry Kangalee   [ updated 28 May 2013, 04:38 by Dave Smith ]

At a seminar organised by the Federation of Independent Trade Unions and NGO’s (FITUN), the participants called for a Conference of Shop Stewards and Branch officers (COSSABO) to tackle serious issues identified by them.

The seminar held on 23rd May 2013 dealt with the Final Policy Proposal Document for the Establishment of an Occupational Pension Plans Bill (OPPB), which proposes to revamp the regulatory environment governing occupational pension plans.

The seminar recommended that: a working committee be established with the primary responsibility of coordinating the information for FITUN’s response to the OPPB. This committee would be made up of

Sylvan Wilson

representatives from each FITUN unit. Sylvan Wilson, the foremost Pensions expert in the labour movement has agreed to lend his expertise to this group.

Other responsibilities of this committee include: reviewing the last two documents produced by FITUN in response to the previous drafts of the OPPB and compare them with the final draft to ascertain the extent to which FITUN’s proposals had been taken on board;

Drafting a response to the Final Draft, identifying those concerns which are not in the interests of the workers who belong to these plans;

Drafting a proposed plan of action based on the recommendations from members present at the seminar.

The Committee also decided: 
At the level of the company, to lobby for AGMs for members of pension plans to be reported to by the management committees of these plans; 

To communicate to the respective companies indicating concerns and issues with the proposed OPPB so that dialogue is initiated in the shortest possible time. 

To ensure that union members who belong to these plans report consistently to the persons whom they represent. 
 
The seminar was attended by sixty two delegates from six member organisations
of FITUN.
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