Today. the Company advised the IAM they would be in court tomorrow, making an 1113(e) motion for temporary contractual relief.
The request will consist of;
A term thru May 2005, where either consensual agreements will be implemented, or further cuts will be sought via the 1113© process.
A reduction of a/c below the 279 threshold.
A 23% cut for all payscales, except MDA and Mainline Express.
Termination of the IAM Pension fund, replaced with a 3% 401k contribution.
The right to outsource any work if there is non-historical attrition, or work actions by IAM-fleet.
The request will consist of;
A term thru May 2005, where either consensual agreements will be implemented, or further cuts will be sought via the 1113© process.
A reduction of a/c below the 279 threshold.
A 23% cut for all payscales, except MDA and Mainline Express.
Termination of the IAM Pension fund, replaced with a 3% 401k contribution.
The right to outsource any work if there is non-historical attrition, or work actions by IAM-fleet.