11-Oct-2016 Source: Teamsters
50 in Connecticut and Florida today overwhelmingly ratified the company proposal, ensuring that Teamsters will build the CH-53K helicopters.
MEMBERS VOTING TO ACCEPT: 2104
MEMBERS VOTING TO REJECT: 140
Below are details of the agreement:
COMPANY PROPOSAL TO LOCAL 1150
I. Two Tier Wage Scale – effective 7/1/2017
Introduce a two-tier wage system for all new employees hired into the bargaining unit effective July 1, 2017
Active employees who are on the payroll as of June 30, 2017 will continue to follow the current existing wage schedule as outlined in the current Collective Bargaining Agreement.
II. Alternate Work Week – effective 7/1/2017
Thirty-six (36) hour work week, paid for forty (40) hours
Three (3) twelve (12) hour days (Friday, Saturday, and Sunday)
All work over thirty-six (36) hours will be overtime
Two (2) Shifts with First Shift hours to be 6 am to 6 pm and Second Shift hours to be 6 pm to 6 am
Second shift 10% premium
Twelve (12) hours of pay for holiday on a scheduled work day
Eight (8) hours pay for a holiday on a non-scheduled work day
No forced transfers into AWW departments
III.Pension Plan Changes – effective 7/1/2017
Automatic Company Contribution for new employees
Company Supplemental Contribution for new employees
New employees hired on or after July 1, 2017 can contribute to the Company Hourly Savings Plan effective their date of hire.
New employees hired on or after July 1, 2017 will be fully vested on their date of hire.
IV. Ratification Bonus Payment – $1,500
Following the ratification of this Agreement, employees who are both on the payroll of the Company and are covered by this Agreement as of the date of acceptance of this offer shall receive a $1,500 ratification bonus. No other employee or former employee shall be eligible for this bonus. The ratification bonus will be paid under the following guidelines:
CLOSING CONDITIONS
The parties agree no additional concessions will be solicited during the Connecticut/Florida bargaining agreement contract negotiations for the agreement set to expire on February 18, 2018.
For the purposes of this agreement, concessions are defined as:
In addition, and as with previous contract negotiations, the Company is open to evaluating alternative components of the Company’s Last, Best, and Final Offer, understanding that none of these would exceed the total value of the Last, Best, and Final Offer.
The parties agree that the execution of this Memorandum of Understanding shall be conditioned upon the following items:
The parties agree that the absence of agreement with the Connecticut DECD or a selection of any site other than the Stratford, CT facility for the build of the CH-53K helicopter will result in this agreement becoming null and void.
The parties agree that upon ratification of this Memorandum of Understanding and passage of the appropriate state legislation, the Company will select the Stratford, CT facility for the build of the CH-53K helicopter.