Usw Master Agreement

PITTSBURGH – The United Steelworkers (ETC) said today that members of local unions representing Arconic Employees (NYSE: ARNC) voted to ratify a three-year contract that covers more than 3,000 workers per hour at the company`s Davenport, Iowa plants. Alcoa, Tenn. Lafayette, Ind.; and Massena, N.Y. The plan is overseen by a public health committee with local union representation and cannot be changed without EU approval from the implementation date of 1 January 2015 to 31 December 2021, providing stability in a period of unprecedented health uncertainty. The current master contract between IP and LE Mill Local Unions expires on August 21, 2021. The agreement, jointly negotiated and ratified by local businesses in 2014, has improved our wages, pensions, health and safety and health security. On January 1, 2018, the minimum weekly sickness and accident allowance increased from $325 to $350. ETC International Vice-President Tom Conway, who chairs the trade union committee, said the negotiations between the ETC and Arconic ended in a completely different tone from what they had started – with the company demanding major economic and non-economic concessions that the union considered excessive and unnecessary. . Employees and families are entitled to the IP Mill Advantage plan, an 80/20 cost-sharing plan that includes company-funded health reimbursement accounts (HRA) to offset deductibles, co-country and other out-of-pocket costs. . . .

“This is a great result not only for our Arconic members, but also for workers across the aluminum industry and also for the employer and its customers,” said Conway. In 2014, the bargaining committee succeeded in eliminating the pension difference for workers hired after January 1, 2008. They also increased the pension multiplier for all employees to $55 per month for each year of service. This means that a person who retires at 30 years of service receives a pension of $1,650 per month. IP contributes $500 for individual coverage or $1,000 for family coverage for each employee`s HRA included each year in the Mill Advantage Plan. Individuals can earn additional contributions by participating in some of the activities described in the Wellness initiative. The master contract has a language of succession that protects our contract when our mill is sold to another company. “The strength of our union depends on the solidarity of the members,” Conway said. “When asked to do so, they came together and demanded that management make the fair contracts that the ETC members deserved and deserved.” The Master Agreement increases salaries by an average of US$9,000 over its lifetime. In the first two years, members receive an increase of 2.5% per year, 2.25% in the third year and 2% per year over the next three years.

Salary increases are applied to rates in your local agreement. The increases will take effect on the anniversary of the expiry of your local contract. The newly approved contract provides for annual increases of 3.5% per year for all union members, resulting in a 10.5% improvement over the lifespan.

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