Vancouver, British Columbia – Today, the Honourable Lisa Raitt, Canada’s Labour Minister, met with TELUS employees in Vancouver and announced an important initiative presented in Economic Action Plan 2012 that will help protect employees’ long-term disability benefits.
“We recognize the significant challenges faced by workers whose employers go bankrupt, including the possible reduction or loss of long-term disability benefits,” said Minister Raitt. “Workers should have the peace of mind and be confident that the benefits promised to them will be there when they need them the most.”
The Government will introduce legislation to require federally regulated private-sector employers to insure, on a go forward basis, any long-term disability plans they offer to their employees to further protect workers whose employers go bankrupt.
This initiative complements the support provided to Canadian workers through the Wage Earner Protection Program (WEPP), which provides timely compensation to employees who are owed wages, vacation, severance or termination pay when their employers go bankrupt.
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For more information, contact:
Ashley Kelahear
Press Secretary
Office of Minister Raitt
819-953-5646
Media Relations Office
Human Resources and
Skills Development Canada
819-994-5559
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This news release is available online at: www.actionplan.gc.ca.
