Bell Canada to eliminate retiree benefits by 2018

Pension plans will remain unchanged
||Last Updated: 07/31/2007

Bell Canada Inc. will begin eliminating retiree benefits for future retirees starting in 2012.

The Montreal-based telecommunications giant said it will phase out health care, dental, vision and life insurance benefits for retirees over the next decade. However, pension plans will not be affected.

Eligible employees retiring before Jan. 1, 2012, will continue to receive the benefits, while employees retiring between Jan. 1, 2012, and Jan. 1, 2017, will be entitled to company-paid medical coverage until they reach age 65.