Utility workers end strike at Detroit Edison.
Hourly pay, which reportedly averaged $13.23 under the old contract, was raised by average amounts of 39 cents an hour effective immediately; 34 cents on the first anniversary; and 39.5 cents on the second.
Under the new health care plan, employees will pay half the cost of any premium increase, up to 6 cents per hour each year, or a maximum of 18 cents per hour over the contract term. Deductibles were raised to $125 for individuals and $300 for families in the first year and to $150 and $350 in the second, from $100 and $250. The deductible for prescriptions also was raised to $3, from $2.
In a change in the savings plan, the limit on employee investment was raised to 6 percent of earnings, from 5 percent, with the utility company continuing to contribute 50 cents for each $1. Other terms of the contract included early retirement at unreduced pension rates at age 61 (formerly 62); and a 13th paid holiday, beginning in 1986.
|Printer friendly Cite/link Email Feedback|
|Publication:||Monthly Labor Review|
|Date:||Oct 1, 1984|
|Previous Article:||Electrical contract bans movement of operations.|
|Next Article:||West Coast pulp and paper workers settle.|
|Rule changes featured in utility pacts.|
|A brave Lion, oh my!|