CLARIFICATION OF HIGHLIGHTS OF 2010-2015 NATIONAL AGREEMENT

THE TIMES THEY ARE A-CHANGIN’
This post seems to be older than 1 year— so keep that in mind while reading. It might be outdated.

1.  RCAs on rolls prior to November 20, 2010 and continuously thereafter, will convert to career on salary schedule Table 1.

RCAs hired after November 20, 2010, but prior to August 11, 2012 will be paid on Table 3 as RCAs and on Table 2 when they convert to career.

RCAs hired after August 10, 2012, will be paid on Table 4 as RCAs and on Table 2 when they convert to career.

2. All career employees will retain COLA adjustments as specified in the contract on the following dates:

January 2012—Payment effective second full pay period after release of January 2013 Index

July 2012– Payment effective second full pay period after release of July 2013 Index

January 2013– Payment effective second full pay period after release of January 2013 Index

July 2013– Payment effective second full pay period after release of July 2013 Index

January 2014– Payment effective second full pay period after release of January 2014 Index

July 2014– Payment effective second full pay period after release of July 2014 Index

January 2015– Payment effective second full pay period after release of January 2015 Index

COLA for RCAs and RCRs on the rolls prior to August 11, 2012 will be rolled into hourly rates first full pay period of August 2015.

RCAs hired on or after August 11, 2012 will receive a 7% general wage increase over the term of the agreement but will not receive COLA.

3. High Option Election – Employees must have 10 years from retirement computation date (line 17 of Form 50) not 10 years from the retirement eligibility date. Employees that currently have high option, yet have not reached 10 years, will retain high option until the beginning of the guarantee year, October 20, 2012.

For example, an employee with 7 years from retirement computation date currently in high option will maintain that status until the beginning of the guarantee year (provisions of Article 9.2.C.7.b.2 would still apply).

via News Info.

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