This site is part of the Global Exhibitions Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.


AT&T and CWA Reach Tentative Benefits Agreement

September 13, 2012 - News

AT&T and the Communications Workers of America reached a tentative agreement today on benefits for more than 40,000 employees.

The agreement, focusing on benefits like health care, will soon be submitted to the CWA’s bargained-for Mobility membership for a ratification vote. Wages, pension and work rules for bargained-for Mobility employees are negotiated under separate contracts, AT&T said.

If ratified, the four-year tentative agreement would take effect on Jan. 1, 2013. However, most health care changes begin on April 1, 2013.

This agreement provides modest increases to employee costs over the four-year term, and new hires would pay a higher premium, according to AT&T. Also, the plan introduces a new health reimbursement account for qualified employees and a Success Sharing Plan tied to AT&T stock in the third year of the agreement.

A CWA spokeswoman said union members will vote on whether or not to ratify the agreement, and results will be announced on Oct. 10, according to an article by The Wall Street Journal.

comments powered by Disqus
Related News
The two sides had on Feb. 26 agreed to a 48-hour contract extension.
Landline workers in Connecticut are the last of the CWA's bargaining units to ratify a new contract
Craig Galbraith