Chief Justice Geoffrey Morawetz has approved a $3M settlement from the Canadian Universities Reciprocal Insurance Exchange to current and former Laurentian University staff and faculty who contributed to retirement health benefits. CBC reports that the retiree health benefits plan was mismanaged from 2021 to 2022. Union members who paid into the plan between 1998 and 2020 will receive 175% of their contributions. More than 300 members of the Laurentian University Staff Union and around 550 Laurentian University Faculty Association members will receive payments, according to the presidents of each association.
CBC
