[CORNER BROOK, NL] — Unionized workers at Corner Brook Pulp and Paper have rejected a proposal by Kruger to make changes to their pension plan.
Out of 326 active union employees, 177 objected to giving the company an extra five years to fund the unfunded portion of the pension plan. The rejections amount to 54.3 per cent.
Thirty-one of the 617 retired union members voted against the proposal.
The vote results for the non-union plan showed only six objections among active employees and seven from retirees.
Kruger Inc. says it will be reassessing the viability of the mill's operations.
