IAM local 912 Members Ratify New Five-Year Agreement with General electric Aerospace
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members of the International Association of Machinists and Aerospace Workers (IAM) Local 912 in the Cincinnati area have overwhelmingly approved a new five-year collective bargaining agreement with General Electric aerospace. The agreement, finalized after rigorous negotiations, provides stability and improvements for nearly 600 workers.
Key Provisions of the New Contract
The new contract prioritizes the financial security of IAM Local 912 members by strengthening both the defined benefit pension plan and the existing retirement savings plan. Beyond retirement benefits, the agreement also delivers tangible improvements to work-life balance through increased vacation time and enhanced sick leave policies.
Negotiators secured annual wage increases of 5% for the first two years, followed by 3% increases in years three and four, and a 3.5% increase in the final year of the contract. This progressive wage structure aims to keep pace with the rising cost of living and recognize the valuable contributions of the workforce.
Job security was a central focus of the negotiations, resulting in a commitment from GE Aerospace to increase staffing levels within the bargaining unit. Additional improvements include increased allowances for personal protective equipment, expanded disability benefits, enhanced vision coverage, and improved benefits for retirees.
Did you Know? The IAM represents workers in a wide range of industries, including aerospace, defense, manufacturing, and transportation, advocating for fair wages, safe working conditions, and secure benefits.
Leadership Praises Agreement
“The success of these negotiations was due partly to our strong commitment to GE Aerospace and our dedication to our historical relationship,” stated IAM Collective Bargaining Director and lead negotiator Craig Norman. “This agreement provides stability for the membership and the company, which is needed to move the GE facility forward. Our members and bargaining committee stood in proper united form - ensuring they could bring worthy acceptance to the membership.”
IAM Eastern Territory General Vice President David Sullivan highlighted the strong solidarity of Local 912. “Local 912 has such a strong and dedicated history with GE,” Sullivan said. “The negotiating committee secured a firm contract because our committee and membership stood together.I am proud of the work and commitment of our membership.”
IAM International President Brian Bryant commended the collective effort.”Congratulations to IAM Local 912 on securing an agreement that provides future job security,” Bryant said. “From the membership to the local leadership, and all those who provided critical support, job well done!”
Contract Details at a Glance
| Item | Details |
|---|---|
| Contract Duration | Five Years |
| Wage Increases | 5%, 5%, 3%, 3%, 3.5% |
| Pension Plan | Improved and Maintained |
| Retirement Savings | Enhanced |
| Vacation Time | Increased |
| Sick Leave | Improved |
| Job Security | GE Commitment to Increased Staffing |
Pro Tip: Understanding your collective bargaining agreement is crucial. Review the full contract document to familiarize yourself with all the details and your rights as a member.
This agreement underscores the importance of collective bargaining in securing fair treatment and economic stability for workers. What impact do you think this contract will have on the future of manufacturing in the Cincinnati region?
How will these improvements in benefits and wages affect the overall morale and productivity of the workforce at GE Aerospace?
Evergreen Content: This article provides lasting value by documenting a important labor agreement and its implications for workers and the manufacturing sector. It serves as a historical record and a resource for understanding collective bargaining practices.
