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BRIEF-CAW President comments on Ford tentative agreement
Sept 17 |
Sept 17 (Reuters) - * CAW President says has got a tentative agreement settled with Ford in
Canada * CAW President says tentative agreement meets the objectives of both the co
and union members * CAW president says it is important that General Motors and chrysler agree to
patterned agreement * CAW president says new tentative agreement with Ford is a four year agreement * CAW president says Ford will create about 600 new positions in Canada over
life of new deal * CAW president says no base wage increases during the life of the agreement
with Ford * CAW president says currency headwinds part of the reason for no base wage
increases * CAW president says were not able to achieve cost of living improvements for
retirees either * CAW president says no change in pension plan for its active members; no
changes in eligibility to pension plan * CAW president says wage progression is now built-in over a 10 year period * CAW president says hybrid pension plan that was settled with Air Canada will
be incorporated into new contract with automakers * CAW president says "we need two-way trade, we need reciprocal trade" * CAW president says comes out of Ford bargaining tired, but maintains belief
that caw has been able to preserve principles of the union
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