Monday, February 25, 2013

Negotiations Update February 24, 2013


Last week the language committee met to go over, line by line, the changes agreed to in principal by the sub committees over the last six weeks. Between the three separate agreements there were over 100 items in 24 articles and provisions that required review for Phase 1 in order to correctly draft the new language. Many of these items were small such as changing “Continental” to “United” while others were more substantive such as adding new language to capture concepts that were agreed to that had no prior agreement language. The work of the language committee will continue this week as there is still much to do in order to complete this task.
On Monday an executive committee review of the progress will take place. The negotiating committee will return on Tuesday to review work done by the language committee. In addition several sub committees will be meeting with the assistance of the NMB to attempt to finalize any remaining issues. Phase 1 is expected to be completed on time by the end of the week.
Later in the week actuaries for the parties, for the Union Peter Hardcastle (pensions), John Colberg and Gaelle Gravot (health care), will meet to discuss pension and benefit issues. They will be joined by our economist Dan Akin. The purpose of this meeting is to request information and share the vision of the IBT negotiating committee surrounding these benefits to the company. This will lay the ground work for Phase 2 economic discussions scheduled to begin in March.