The IAMAW & The IBEW Reach Tentative Agreement On A New Contract With General Electric – Deal Offers ‘Significant Improvements’ To Company Proposal That Was ‘Previously Rejected’ By Union Membership
(WASHINGTON, D.C.) - Negotiating Committees for the International Association of Machinists and Aerospace Workers (IAMAW) and the International Brotherhood of Electrical Workers (IBEW) at General Electric reached a tentative agreement with the company this week that offers significant improvements to the company’s proposal that was previously rejected by Union Membership, IAMAW and IBEW Representatives announced.
The IAM and IBEW Committees have both recommend the Membership of each Union vote to accept the latest contract offer.
The tentative agreement includes both short and long-term financial improvements for IAMAW and IBEW Members employed at GE.
The IAMAW and IBEW Negotiating Committees were able to secure many of the Membership’s priorities that were not adequately addressed in GE’s first contract offer, including keeping the Defined Benefit Pension Plan, improvements to the 401(k) plan, general wage and cost of living increases, and better health care.
Each IAM Local Lodge are holding a ratification vote today (Friday, August 9th).
“The ‘solidarity’ of our Membership at General Electric ‘made these key improvements possible,’” IAMAW International President Robert Martinez, Jr. said. “Our Negotiating Committee ‘worked tirelessly to secure’ a tentative agreement that ‘reflects the importance of our Members’ role in making GE the company it is today.’ The ‘voices’ of our Membership ‘have been heard in every step of this process.’”
“Our Negotiating Committee ‘stood together, listened’ to our membership ‘and built on the key priorities of our hard-working and skilled Membership at General Electric,’” IAM General Vice President Brian Bryant said. “We ‘knew that our work was not done after the company’s first contract offer.’ ‘While we realize there are some things we did not achieve, we did secure most of our top priorities.’ I am ‘very proud’ of our Negotiating Committee and our Membership for ‘standing strong and demanding their fair share of the profits they create for General Electric.’”
The IAMAW represents 1,250 Members at four Locals involved in General Electric negotiations: Locals 78 and 1916 in Milwaukee; Oak Creek and Waukesha, Wisconsin; Local 912 in Evendale, Ohio; and Local 439 in Warrensville Heights, Ohio.
IAMAW Members work in General Electric’s Aviation and Medical Divisions.
The IBEW represents 125 Members at three GE Locals: Local 613 in Atlanta; Local 663 in Milwaukee; and Local 1014 in Medford, Massachusetts.
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