 |
Nick believes that every person should be able to share what he/she knows to help out others.
|
 |
 |
 |
|
 |
|
|
|
|
|
|
Oct 17, 2007
UAW Chrysler Council Approves New Pact
The United Auto Workers union Chrysler council is made up of local union leader from all over the nation. Yesterday, in a meeting in Detroit, the council expressed their approval of the new tentative agreement with Chrysler LLC. Prior to settling in to the new contract, the union already launched a strike which ended the moment the UAW negotiators announced about the pact on October 10. "The UAW negotiating committees at Chrysler, both hourly and salaried, did an excellent job bargaining this agreement and we look forward to discussing it with our members in explanation and ratification meetings which will begin this week", said UAW President Ron Gettelfinger. "Thanks to the determination of Chrysler workers, we have moved forward on our agenda to protect manufacturing jobs in our communities -- and we have also protected wages, health care and pensions for active and retired workers." "This proposed agreement meets the challenges of our industry head-on," said UAW Vice President General Holiefield, who heads the UAW Chrysler dept. " It sets the stage for future success at Chrysler, and for our members to share in that success." From automotive news.com, here are the highlights of the new four-year Chrysler LLC-UAW deal: - Chrysler to pay $10.3 billion to secure retiree health care: $8.8 billion to fund a Voluntary Employee Beneficiary Association (VEBA). The company also contributes $1.5 billion in pre-VEBA costs.
- Moratorium on plant closings and outsourcing, commitment to in-source jobs to UAW Chrysler facilities.
- Reversal of restructuring plan: MOPAR and Chrysler Transportation retained, reversing company plan to close or sell these units. Cleveland PDC, scheduled to close, will remain open.
- Economic gains total $10,235 for a typical UAW Chrysler worker during the four-year agreement. Gains include a $3,000 signing bonus, two 3 percent lump sums and one 4 percent lump sum.
- Product guarantees at some, but not all, operations. The UAW "will continue to advocate for new product" at assembly plants in Detroit (Conner Avenue), Newark, Del., and St. Louis (South), Mo.
- Wage rollback defeated: Company demanded $1.01 in immediate wage cuts and COLA deferrals. Instead, future COLA diversions will secure long-term health care for current and future UAW Chrysler retirees.
- UAW says that based on projected rates on inflation, earnings for a typical UAW Chrysler member working 10 percent overtime will be an estimated $6,700 higher than his/her counterpart at GM over the four years of the proposed agreement.
- Comprehensive health care maintained for active workers, UAW says.
- Future pension benefits boosted, plus lump sums for current retirees, UAW says.
- Health and safety protection improved, including noise abatement, reduced exposure to hazardous substances and an improved ergonomics design process, UAW says.
- Skilled Trades win 20 cents an hour tool allowance and enhanced training bonus on new technology, UAW says.
Posted at 04:10 am by NickZane
|
|
|
|
|
|
|
|
|
|
|
