Steelworkers Approve Agreement at Dunlop Tire Corporation
7 August 1997
Steelworkers Approve Agreement at Dunlop Tire CorporationHUNTSVILLE, Ala., Aug. 7 -- Members of United Steelworkers of America Local Union 915 here have ratified a new two-year, eight-month agreement with Dunlop Tire Corporation. Approved in voting Wednesday, the agreement follows the USWA's tire and rubber industry pattern set with Goodyear earlier this year. Provisions of the agreement -- among other significant improvements -- include: -- An $4 increase in the defined benefit pensions to $41 per month per year of service. (For example, a 30-year employee would retire with a $1,230.) The contract was ratified by a 93 percent margin. Increase early retirement pensions by $240 per month supplement to total of $340 supplement for workers 55 or older with 30 or more years service. -- A 35-cent general wage increase for all employees January 4, 1999. The agreement maintains the cost of living allowance which provides for a one-cent wage increase for every .26 increase in the Consumer Price Index. -- Elimination of two-tier wage structure. -- Bonus plan for all full-time hourly employees. -- Bring contract expiration date or reopener date in line with USWA Master Contract local unions; namely, April, 23, 2000. Local 915's 1,550 members approved the contract by a 93 percent margin. SOURCE United Steelworkers of America