President | |
don.mohn@uawlocal1050.org |
PRESIDENT’S UPDATE
Local 1050 Update
4/24/15
Voluntary Separation
Package
Brothers and Sisters
of local 1050,
The company is offering a “Buyout” package in order to
eliminate targeted classifications that the company labels “indirect
labor” that includes: Millwrights, Electricians, Die Shop, Tool Makers, Facility Maintenance
Specialist (FMS), Janitors and Metal Room.
The Bargaining Committee attempted to bargain a fair package
to include incentives as a more attractive package in order for the
company to attain their goal of
62 packages. The
Bargaining Committee proposed more Lump Sum Dollars, more per year
of service dollars, all other classifications on the lot to be
included, higher pension dollars per pension factor and all or part
of the lump sum payment can be deferred to the employee’s 401K plan
in order to limit higher tax burdens. The only movement from the
company was to offer $10,000.00 Lump Sum + $400.00 per each full
year of service from their original proposal of $10K + $350.
It is worth mentioning that the Union pleaded with the company
that they won’t even come close to their goal of 62 employees by
less than 10% of that goal based on the limited amount being
offered. It is the Union’s obligation to at least get what we can
for those that may be interested in the Package but it is
disheartening that we were unable to negotiate a more acceptable
offer and to all
classifications.
As an example, if you have 30 years and are thinking about
retirement, would you give up a $50,000.00 +a year job for $22,
000.00?
The company will be putting out a communication very shortly
targeted to those that may be interested in this Voluntary
Separation Package.
In solidarity, Don Mohn UAW Local 1050
President |