Abitibi Bowater Pensions

The pensions of current workers and retirees at AbitibiBowater are now protected.

It follows a tenative agreement reached between the Canadian Paperworkers Union and the company.

Spokesperson Kim Ginter says the deal will fix the 25 per cent shorfall in the pension plan.

He says the next step is the voting.

Ginter is confident even with this deal, the company will be able to come out of court ordered bankrupcy protection.