BMWED members ratify five-year contract with Paducah & Louisville Railway
Published: Jul 15 2019 2:36PM
BMWED members ratify five-year contract with Paducah & Louisville Railway
Paducah, KY – July 15, 2019 – Members of the Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters recently ratified a new five-year collective bargaining agreement with the Paducah & Louisville Railway.
With more than 84 percent of the ballots returned, the agreement was ratified with 60 percent of the ballots voting in favor of the new agreement.
The agreement will become effective retroactively January 1, 2019 (with back pay) and extends through December 31, 2023. The ratified contract settles wage and work rule matters, including a freeze on health and welfare contributions, prescription co-pays and deductibles.
General wage increases total 13.75 percent over the life of the contract, with a $500 signing bonus and a protected number of positions during the duration of the deal.
These levels of increases will keep BMWED employees’ wages above the national average, with no increases towards health and welfare contributions. In this current economic climate, an agreement without health insurance concessions is important and was vital for BMWED members on the P&L.