IAM Local 912 members in Cincinnati have ratified a new five-year contract with General Electric Aerospace. The agreement affects nearly 600 workers and aims to provide greater stability by maintaining and improving the defined benefit pension plan, as well as building on the retirement savings plan. The contract also increases vacation time and improves sick leave provisions.
The negotiating committee secured annual wage increases of 5% for the first two years, followed by 3%, 3%, and 3.5% in subsequent years. Job security measures were also included, along with GE’s commitment to increase current bargaining unit staffing levels.
Additional benefits in the agreement include higher allowances for personal protective equipment, improved disability benefits, enhanced vision coverage, and better retiree benefits.
“The success of these negotiations was due partly to our strong commitment to GE Aerospace and our dedication to our historical relationship,” said IAM Collective Bargaining Director and lead negotiator Craig Norman. “This agreement provides stability for the membership and the company, which is needed to move the GE facility forward. Our members and bargaining committee stood in proper united form — ensuring they could bring worthy acceptance to the membership.”
“Local 912 has such a strong and dedicated history with GE,” said IAM Eastern Territory General Vice President David Sullivan. “The negotiating committee secured a firm contract because our committee and membership stood together. I am proud of the work and commitment of our membership.”
