February 26, 2010 Update
Posted: February 26, 2010
February 26, 2010
UPDATE #9
2010 DPL CONTRACT NEGOTIATIONS
TO ALL MEMBERS:
Your Negotiating Committee continues to work hard and meet with the Company daily. We have made some progress on the non-economic issues and expect to be addressing the economic issues (wages, pension, benefits, etc.) starting next week. Here are some of the concessions that are on the table today:
1) Benefits - the Company proposes:
a) For our Union members to accept management’s entire benefit package for the Medical, Prescription, Dental and Vision plans.
b) Prescription costs, which are currently excluded, to be included in the calculation what we pay for medical costs
2) Pension Plan – the Company proposes:
a) Anyone under the age of fifty (50) as of 09/01/10 to reduce your pension benefit by excluding overtime and eliminating the spousal survivorship benefit.
3) Sick Leave – the Company proposes:
a) The Pepco Sick Leave Policy which includes:
b) Reducing our current sick leave benefit (number of days)
c) Reverting back to full and half pay sick days and
d) An accrual system of 5 days per year for short term leave.
4) Ten (10) Year Job Security Clause – the Company proposes:
a) To eliminate it for all incumbents and new hires.
5) For New Hires: – the Company proposes:
a) To reduce their pension multiplier from 1.6% to 1.3%.
b) To cap their service calculation at thirty (30) years.
c) To eliminate any paid retiree medical.
We hope that these issues concern you like they do us! We will continue to provide updates every Friday. We need YOUR support so please help us help you by signing up on the Local Union #1238 website at http://www.ibew1238.org.
In Solidarity,
Your Local Union #1238 Negotiating Committee
STEWARDS: PLEASE POST
