Wednesday September 19, 2012 3:30 pm
The System Council T-6, IBEW 2213, and CWA Districts 1,2 and 13 have reached a tentative agreement with Verizon. This new Collective Bargaining Agreement will begin upon ratification and expire in 3 years on August 1, 2015.
Major issues such as the Job Security Letter, lump sum cash out and movement of work will remain the same for the life of this new agreement. Pensions will remain intact with the only change being no band increases this contract.
Raises will be 2.25% effective the first Sunday after ratification, 2.75% effective 8/14/2013, and 3.00% effective 8/3/2014 for a total of an 8% increase for the life of this agreement.
There will be an $800 ratification bonus to be paid within 30 days after ratification.
CPS Award minimums will be $700 for plan years 2011 (already paid), 2012, 2013, and 2014.
Short Term Disability Benefits will remain unchanged and will continue for up to 52 weeks of coverage. The Long Term Care Insurance remains unchanged as well.
There will be premiums for health care benefits for all active employees. Beginning in November 2012, premiums will be $30 per month for single coverage and $60 per month for family coverage. Beginning January 2013, single coverage $45/month, family $90/month. Beginning January 2014 $50/month single and $100/month family. Beginning January 2015 $55/month single and $110/month family.
Any Member retired before January 1, 2013 will NOT be subject to healthcare premiums. Any member who retires after January 1, 2013 will pay the same premiums as Active employees.
As part of this contract an HRA (Healthcare Reimbursement Account) will be set up for each Member with the company placing a one-time amount of $850 in an HRA. The HRA money cannot be used for premiums but can be used for other medical payments. The accounts for members will be in effect until the $850 is completely exhausted or until you leave the company.
A new Absence Plan will go in to effect as of January 1, 2013. Absence will now become contractual language. There will be a maximum of 10 paid days for incidental absence per calendar year. The first four approved days will be exempt from any absence control plan. This does not affect STD benefits (after eighth consecutive day of absence). The STD benefits remain unchanged and you will be paid for approved absences on the 8th day. There will be monetary awards for remaining incidental absence days. Perfect attendance will be a weeks pay that will be paid that following March. If you use 1 incidental day then your award is 4 days pay and so on. This incentive is only awarded between 0 and 5 days used. More than 5 incidental days will be no award.
As of January 1, 2013 all Zone 2 locations will be upgraded to Zone 1.
The New England Work and Family Program and Dependent Care Reimbursement Fund will remain in effect and funded for the life of this agreement.
The Next Step program will be discontinued but all members currently in a class will finish till the end.
The SCT-6 is in the process of putting together hand-outs on information related to all of these changes.
Contract explanation and ratification meetings will be announced as soon as details for those meetings are set. This agreement is tentative until voted on and approved by the members in IBEW New England.
This round of negotiations which lasted over a year resulted in secure employment and pensions for members of this local and nearly forty-five thousand Union Members. Your support and patience during this time has been greatly appreciated.
This is a brief summary of many of the changes but not all of them. Further details related to this new agreement will be made available as soon as possible.