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CWA, AT&T Reach Tentative Agreement
The Communications Workers of America, International Brotherhood of Electrical Workers and AT&T have reached a tentative agreement. The settlement covers nearly 12,000 workers and is subject to membership ratification.
The tentative contract has an expiration date of Apr. 4, 2009. It provides for wage increases of 11.2 percent compounded over the contract term, improves pensions and makes real improvements in job security, a key bargaining issue for workers.
The contract also maintains employer paid health care (premiums) for active and retired members for the life of the agreement. Beginning in 2007, there will be increases and changes in some deductibles and out of pocket costs.
Ralph Maly, CWA's Vice President for Communications and Technologies, called the settlement "fair and equitable" and said union workers at AT&T "are looking forward to working with the new AT&T."
The union's bargaining committee unanimously recommended approval of the agreement. More details on the tentative agreement and ratification schedule will be available later.
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The tentative contract has an expiration date of Apr. 4, 2009. It provides for wage increases of 11.2 percent compounded over the contract term, improves pensions and makes real improvements in job security, a key bargaining issue for workers.
The contract also maintains employer paid health care (premiums) for active and retired members for the life of the agreement. Beginning in 2007, there will be increases and changes in some deductibles and out of pocket costs.
Ralph Maly, CWA's Vice President for Communications and Technologies, called the settlement "fair and equitable" and said union workers at AT&T "are looking forward to working with the new AT&T."
The union's bargaining committee unanimously recommended approval of the agreement. More details on the tentative agreement and ratification schedule will be available later.
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