Thursday, July 16, 2009

20% Farmout

There are four points that the arbitrator placed his decision on. They are as follows:

1. The meeting between the company and union in 1998 (at that time it was the IAMAW) which LaRocco said the union could not substantiate never happened as was stated by jerry Nelson.
2. The subsequent financial reports supplied by the company which showed the maintenance budget figures.
3. The 2003 restructuring agreement with IAMAW which included language to exclude the heavy maintenance costs from the 20% farm out Article 2 D. 4 where the language states, (that except for the change to heavy maintenance, the OSV formula would apply “as currently calculated” to conclude that the IAM was formalizing its agreement to the change in OSV formula. (see the attached summary from Bill Wilder)
4. AMFA took too long to file the grievance. (see the attached summary from Bill Wilder)

The documents can be found here, and the second one is here.

Jock