Bargaining Update- November 17, 2015
The Bargaining Committee met with the company at the Common Issues table today. The Unions presented proposals for increases in Wages, Corporate Profit Sharing minimum distribution and retention of Cost of Living provisions in the collective bargaining agreements. Union proposals for increases in Pension Bands, Supplemental Pension benefit formula,provide for a member’s estate to receive the pension benefit, and an extension of the cash out option were also presented today.Modifications to the Call Sharing Agreement were also presented to the company. In part, these modifications would address routing of calls, staffing and the reduction of calls going to contractors. A demand for increases in Tuition Assistance and modifications to the Gradual Return to Work language, to include time off for the death of a child, domestic partner or spouse were also discussed at the common issues table. The Union made a new proposal on Healthcare that reflects movement. The Unions rejected multiple unacceptable demands by the company.
Please continue Informational pickets. New retiree picket sign have arrived and will be distributed. Thank you to all who are participating in the pickets. We need everyone to help out so please make time to come out and fight for what is ours.
We do not expect charity. We earned our working conditions and compensation. We contribute to the posting of $31.4 billion dollars in profits since 2013. Every quarter of 2015 has produced profits of $4.2 BILLION dollars. This assault on our compensation is unacceptable. The economic climate has improved greatly since 2011-2012 when the company said they needed concessions. We also believe that it is “critical” to reach a new agreement, which must be fair and equitable in order to move forward together to better serve our customers and compete in the coming years. The Union will continue to bargain in earnest and await the company to do the same. Our members are Verizon’s biggest assets, not their liability.
Your Bargaining Committee reminds you……..Work Safe-Be Strong- Stay United