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UAW Members Approve Three-Year Agreement with Dana Corp

24 November 1998

UAW Members Approve Three-Year Agreement with Dana Corporation

    DETROIT, Nov. 23 -- UAW members at the Dana Corp.
ratified a new three-year master agreement by an overall majority of nearly 90
percent, announced UAW Vice President Elizabeth Bunn, director of the Union's
Competitive Shop Independents, Parts and Suppliers Department.
    Bunn said the new agreement covers approximately 1,600 active UAW-
represented employees at Dana facilities in four states.  The pact, which was
approved in voting held over this past weekend, will be in effect until
12:01 a.m. December 3, 2001.
    Among the highlights of the new agreement are gains in wages and incomes,
retirement benefits, group insurance protections, and other programs.
    The income gains include a 3 percent Performance Bonus payment for the
first year, which will be made in December 1998 based on 3 percent of each
worker's qualified earnings over 52 preceding pay periods.  In the second
year, a lump-sum Performance Bonus payment of 2 1/2 percent will be made in
December 1999, and in the third year a General Wage Increase of 2 1/2 percent
will be effective December 4, 2000.  The agreement maintains quarterly
cost-of-living allowance protection, including improved provisions which
assure no diversions or offsets from COLA in the final six quarters.
    Substantial negotiated improvements in pension benefits include a $4
increase in the monthly basic pension rate, raising it to $32.50 per month per
year of credited service for retirements beginning January 1, 1999 or later.
The "30-and-Out" early retirement supplement will be increased by $275 per
month, to a new level of $2,100 per month for early retirements beginning on
or after January 1, 1999.  Among other retirement provisions, the union
negotiated a special lump-sum bonus of $100 to be paid in January 1999 and
December 1999 and 2000 to retirees with 30 or more years of credited service
who retired prior to January 1, 1999.  Those with less than 30 years would
receive a proportionate lump-sum bonus.
    The agreement substantially raises the maximum amounts of life insurance,
disability benefits and survivor income benefits effective January 1, 1999.
For example, the maximum life insurance amount is raised to $44,000 from the
current $41,000.
    Health care protections are maintained for active and retired members,
with several improvements in benefits negotiated.
    The agreement provides for 41 paid holidays over its term.  The Job
Security Program and Supplemental Unemployment Benefit Fund protections are
renewed and maintained throughout the new agreement.  Dana's commitments to
neutrality in the event of a UAW organizing drive at a non-represented Dana
facility also are renewed through the term of the new agreement.
    The agreement covers members of UAW Locals 155 in Warren, Michigan; 279
and 1363 at Richmond, Indiana; 644 at Pottstown, Pennsylvania; and 1765 at
Lima, Ohio.