IAM Local 912 members in Cincinnati have approved a new five-year contract with General Electric Aerospace. The agreement affects nearly 600 workers and aims to provide stability by maintaining and improving the defined benefit pension plan, as well as enhancing the retirement savings plan. The contract also includes more vacation time and better sick leave provisions.
The negotiation process resulted in annual wage increases of 5% for the first two years, followed by 3%, 3%, and 3.5% increases in subsequent years. Job security was addressed through GE’s commitment to increasing staffing levels within the bargaining unit.
Additional benefits secured in the agreement include higher allowances for personal protective equipment, improved disability benefits, enhanced vision coverage, and better retiree benefits.
Craig Norman, IAM Collective Bargaining Director and lead negotiator, stated: “The success of these negotiations was due partly to our strong commitment to GE Aerospace and our dedication to our historical relationship. 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.”
David Sullivan, IAM Eastern Territory General Vice President, commented: “Local 912 has such a strong and dedicated history with GE. 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.”
