Fleet Service Clerks

The new agreement includes an Early-Out incentive for TWU-represented Fleet Service employees to mitigate the number of involuntary reductions. This is part of the new agreement that achieves the necessary cost savings required by the business plan, and it was contingent upon a consensual agreement being reached with each contract group.

 

This Early-Out incentive offer is being made available for Fleet Service, Dispatch, Mechanic & Related, Stores, and Maintenance Control Technician employees, where the changes made to those respective groups would result in involuntary reductions.

 

The window for Fleet Service Clerks to sign up for the Early-Out closed August 27, 2012.

 

There are two portions of the Early-Out incentive proposal, based on employee eligibility:

• For employees who had system or station protection prior to date of signing, and who are subject to a reduction in force because of the restructuring implementation.
• Provide regular severance
• Provide the $12,500 special severance
• Employees must relinquish all seniority and re-employment or recall rights
• For employees who are 45 or older and who have 15 or more years seniority, and who are willing to voluntarily separate from the company, regardless of whether they are subject to a reduction in force:
• Provide regular severance
• Provide the $12,500 special severance, if previously system or station-protected
• Provide a $10,000 separation allowance for Full-Time employees and a $5,000 separation allowance for Part-Time employees
• Employees must relinquish all seniority and re-employment or recall rights