Managing employee benefits: Finding the right fit

Union-managed benefits plans can be ‘tricky territory’ in public sector: Union
By Danielle Harder
|Canadian Labour Reporter|Last Updated: 11/26/2012

A high school teachers’ union in Ontario involved in a dispute with the provincial government says it could save the province money by taking over teachers’ benefits plans.

The Ontario Secondary School Teachers’ Federation (OSSTF) claims that, by taking over its members’ benefits plans, it will save the province $419 million in unfunded liability and end a standoff between the union and province over Bill 115, a new piece of anti-strike legislation.

This would be a first for educators in the province, but it’s not an unusual move in other sectors.