Brewer axes retiree benefits

Intergenerational issue caused lock-out
By Gordon Sova
|Canadian Labour Reporter|Last Updated: 07/18/2011

After a five-week lock-out, the workers at the Moosehead Brewery in Saint John have voted to accept a new collective agreement with no post-retirement benefits for employees hired since January 1, 2009.

During the last round of negotiations, the same issue could not be resolved. Unable to come to an agreement on post-retirement benefits, the parties studied them for two years.

The contract ratified on March 30 leaves employees eligible for at least early retirement during the term of the agreement ending on January 31, 2018 with a health spending account that will equal their out-of-pocket costs for prescription drugs.