|By Marketwired .||
|December 23, 2013 03:01 PM EST||
OTTAWA, ONTARIO -- (Marketwired) -- 12/23/13 -- NAV CANADA today announced that members of the International Brotherhood of Electrical Workers (IBEW) Local 2228 have ratified a tentative agreement previously reached between the Union and NAV CANADA.
The collective agreement will run until December 31, 2016 and awards wage increases of 1 per cent January 1, 2014 and July 1, 2014, and 2 per cent increases on January 1, 2015 and January 1, 2016.
Also included in this agreement is the introduction of a new hire pension plan arrangement effective January 1, 2014 plus other measures which, once implemented, would assist in sustaining the legacy pension plan for current employees on a long term basis. Other premium adjustments also form part of this agreement.
NAV CANADA is the country's private sector civil air navigation service provider. With operations from coast to coast to coast, NAV CANADA provides air traffic control, flight information, weather briefings, aeronautical information services, airport advisory services and electronic aids to navigation.
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