"On January 14, 2009, Nortel Networks initiated financial restructuring under the Companies' Creditors Arrangement Act (CCAA) in Canada. Since then most of the company's assets have been sold off, no severances or retirement allowances have been paid, all medical benefits and life insurance have ceased and the province of Ontario has taken over the Nortel pension fund. The NRPC's major priorities are to ensure that Nortel retirees and former employees receive the maximum possible compensation for the benefits they have lost and to provide pensioners more favourable financial options when Ontario winds up the pension fund. We will do this through representation at the CCAA process and by seeking urgent action from governments to protect our rights as citizens and as Nortel creditors and by communicating our story to political leaders and the public nationwide."
Don Sproule, Chairman NRPC
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Renew your NRPC membership for 2016 - renewals for 2016 membership are now open. Memberships for 2016 are valid from 1 Oct 2015 through to 31 March 2017. Payments made now are valid for the 2016 membership year. Only members are able to access the Members Only section to see newsletters and other information and only members have the right to vote on issues tabled by the NRPC. Check your membership status by logging on and then clicking "My Subscription" in the menu at the bottom of the page. 2015 memberships will expire on March 31, 2016.
Webinars and TownHall Meetings for Negotiated Plan Pensioners - see the latest Newsflash in the Members Only / News & Newsletters / News Items for dates and times beginning Nov 26th