Highlights:
- Teamsters Local 25 and Allied Waste today signed a new three year labor deal that covers 85 Boston area drivers and mechanics. The previous agreement ended on June 30th.
- Detailed were not provided but the agreement covers annual wage increase, healthcare, and maintains existing pension benefits. Pension benefits have been a hot button issue between Republic Services owned Allied Waste and Teamsters recently.
- Teamsters in Evansville, Indiana and Allied Waste still have not come to resolution in the labor dispute that led to a lockout last month.
From Press Release:
REVERE, Mass., July 2, 2012 -- /PRNewswire/ -- Allied Waste Services today announced that employees represented by Teamsters Local 25 ratified a new three-year agreement covering 85 Boston area professional drivers and mechanics. The previous agreement expired at 11:59 p.m. June 30.
The new agreement provides annual wage increases, continues existing Health and Welfare benefits at current employee contribution levels and maintains existing pension benefits with the option to change to an alternate plan during the term of the agreement. In addition, the new contract recognizes company policies regarding safety and productivity, and institutes a new attendance policy.
"We are pleased that our employees ratified a new three-year labor contract. The new agreement addresses our employees' desire for stable, well-paid jobs and a secure retirement, and recognizes the interests of our customers, shareholders and everyone who depends on our long-term success," said Jeff Burdick, the company's New England area president.
