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 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.
Annual wage increases are set at 5% for each of the first two years, followed by increases of 3%, 3%, and 3.5% in subsequent years. The bargaining committee secured commitments from GE to increase staffing levels within the bargaining unit, addressing job security concerns.
Additional benefits in the agreement include higher allowances for personal protective equipment, improved disability and vision benefits, and enhanced 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, added: “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.”
