CN PENSION – MEDIATION/ARBITRATION UPDATE

On specific request from the General Chairpersons the undersigned assisted in the mediation/arbitration process with respect to the dispute(s) involving the CN Pension Plan.

The following is the agreed to release from the Unions.

Rex Beatty




“The Unions (CAW, UTU, TCRC and the IBEW) met with CN Rail and Mediator/Arbitrator M. Picher on Monday, April 7th, 2008, in an effort to mediate a settlement regarding the CN Pension. The one day that was scheduled did not allow time to fully explore the issues to the satisfaction of the Mediator/Arbitrator therefore April 24th, 2008, will be utilized to allow for additional mediation.

Failing resolution, the parties have agreed to begin the Arbitration process on April 25th, 2008, for final and binding resolution.

More information will be provided after our next session”