AT&T Negotiations Update
December 11 9:45PM, 2005
The CWA, IBEW and AT&T Corp. reached a tentative agreement today on a new Contract.
These reflect some of the changes in the new Contract in the National language. Tomorrow we will report on changes in the Articles.
The Contract expires on April 4, 2009.
Wages:
- December 10, 2005 3.0%
- December 10, 2006 3.0%
- December 9, 2007 2.5%
- December 7, 2008 2.25%
Pensions:
Traditional Pension Band increases
- 6.0% effective January 1, 2006
- 5.0% effective January 1, 2008
Cash Balance Pension Band Credit increases
- 6.0% effective January 1, 2006
- 5.0% effective January 1, 2008
Cash Balance Interest Credits:
Effective January 1, 2006, for the duration of the agreement the interest crediting rates applicable to the Cash Balance Accounts
will be 4%. Active and Retired Employee, Medical and Dental Benefits.
No changes in the plan in 2006. No additional out-of-pocket for the retirees in 2006.
No premiums shall be charged for the life of the agreement.
Beginning in January 2007:
- There are some increases in Plan deductibles in the non-network Point-of-service plan;
medical co-payments (for example $20 for each doctors office visit, $75 for an emergency
room visits (non-admit)); out of pocket maximums, and prescription drug co-pays.
- There will be a new deductible of $50 for retail prescription drugs.
- Maintenance medications must be filled by mail order after the second refill.
There are some other plan changes that will be discussed in the full bargaining report.
Job Security
A broad range of agreements were reached to protect our members jobs. These include:
- An agreement that, prior to an employee being laid off,
the Company must offer a position within AT&T Inc. If a job is not offered, the employee cannot be laid off.
- A successorship clause
- An agreement to bring a portion of our consumer work back from overseas.
- Process which will return work that was contracted out in the Network and E.F.I back into bargaining unit jobs.
- Jobs in several different business units (including Business) will be brought back into the bargaining unit from managers and subcontractors.
- In Business Enterprise Worldwide Customer Service and Business Enterprise Sales
and Service units the company committed not to use contractors for a minimum of 6 months after a VTP offer.
In Network Operations, they will not use a contractor doing essentially the same function for minimum
of 4 months after a VTP offer in a geographic area.
- Card check.
There are other provisions of this that will be discussed in the full bargaining report.
Alliance will be funded for $10 million a year.
28 scholarships will continue to be funded.
Family Care Development Fund funded at $500,000 a year.
Relocation allowance was increased to $13,000 maximum and $7000 minimum all Article 24 and 16.
Improvement in the APA.
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