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STEELWORKERS AUTHORIZE STRIKE AGAINST LTV

 STEELWORKERS AUTHORIZE STRIKE AGAINST LTV
 PITTSBURGH, July 2 /PRNewswire/ -- Rejecting demands for $5 an


hour cuts in wages and benefits, members of the United Steelworkers of America (USW) employed by LTV Steel Co. have voted to authorize a strike.
 The vote among the 14,000 workers at LTV locations in six states, conducted at membership meetings last week, gives the union negotiating committee the authority to strike the company if it finds such action necessary. Each of the 18 local unions approved the resolution.
 The results of the balloting were announced today by George Becker, vice-president/administration of the USW, following a meeting of local union officers at the Pittsburgh Hilton Hotel and Towers.
 LTV broke off contract negotiations with the union on June 21 and asked federal bankruptcy court in New York for permission to terminate its labor and pension agreements with the union. The USW has informed LTV that there will be a work stoppage if the company receives approval from the court and implements new terms and conditions of employment.
 LTV has been in bankruptcy since 1986. Its labor agreement with the union expires either at the time it emerges from bankruptcy or Aug. 1, 1993, whichever comes first. The company has filed a plan of reorganization.
 Although the two sides had been making progress in talks for a new labor agreement, the company walked out on the union and retreated to its original demands, which include: a cut of 50 cents an hour in wages; a reduction of 35 percent in incentive payments; elimination of Sunday overtime premium and one holiday; requiring retirees to pay the full cost of optional major medical coverage.
 Becker gathered information from the local union officers and outlined plans for the work stoppage should LTV ultimately terminate the agreements.
 /delval/
 -0- 7/2/92
 /CONTACT: USW Communications Department, 412-562-2442/ CO: United Steelworkers of America; LTV Steel Co. ST: Pennsylvania IN: MNG SU:


PT -- PG012 -- 6325 07/02/92 16:39 EDT
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Publication:PR Newswire
Date:Jul 2, 1992
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