A
Penchant for Pensioners
by
Beverly Stears
Saint John Times Globe
While
in some communities pensioners are regarded
with envy and perhaps a little resentment,
ILA Local 273 recognizes their valuable
contribution to the labour movement
and treats its pensioners with due respect.
"They
are very important to us," says Fred
Nice, president of ILA Local 273.
"They came through the hard times
and paved the road for us," he says.
"Our pensioners are our foundation.
They've passed on a lot of knowledge
and expertise and remind us where
we came from. It is because of them
our union is as strong as it is today,"
he says.
Close
to 500 retired longshoremen or their
widows (who collect at least 60 per
cent of their husband's plans until
their deaths) are currently receiving
a pension. Mr. Nice is pleased to
report that sound investments have
resulted in a pension increase of
over $3,000 in the past three years.
"When
our investments show a profit, it
is not only the active members who
benefit but our pensioners as well.
We share the wealth," Mr. Nice says.
The
union enjoys a close relationship
with its pensioners. "It's a natural
bond. They're like family," Mr. Nice
says. "In fact, many of them are family,"
he says, explaining that longshoring
is often a family affair, constituting
several generations.
The
union hosts an annual meeting for
its pensioners, and includes them
in all its social and recreational
events, such as the annual picnic.
In 1997, the pensioners and active
members partnered to form the Saint
John Longshoremen's Recreation Association,
a non-profit group whose current goal
is dedicated to building an office
and recreation facility in the near
future. At present the recreation
association is still involved in fundraising
for the building.
"The
pensioner's involvement is encouraged
and greatly appreciated", Mr.
nice says, "They are our shining light,"
he says. "They've left us a proud
legacy, which we are working hard
to continue for those who come after
us."