AT&T and 40,000 wireless workers nationwide have come to terms on a new, four-year deal. Employees with the Communications Workers of America ratified the agreement Wednesday.
This agreement going into effect Jan. 1, 2013 focuses specifically on benefits like health care, with most of those health-care changes beginning on April 1. Wages, pension and work rules for bargained-for AT&T Mobility employees are negotiated under separate contracts.
The agreement provides modest increases to employee costs over the four-year term, AT&T said, and new hires will pay a higher premium.. The plan also 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.