Pratt Workers Approve Pact And End Strike At Four Plants
Members of the International Association of Machinists (IAM) employed at Pratt & Whitney's four Connecticut factories voted to accept an agreement reached by management and union negotiators this Tuesday (see WIT for Dec. 12, 2001). Some employees are upset at the union for accepting management's pre-strike offer of a four-dollar increase in the monthly pension allotment, rather than holding out on their original demand for an eight-dollar increase---one of the two issues that led to the strike. The union won their other major demand, however, for increased job-security for Connecticut employees, as well as concessions on reductions in retirement age, and increased 401(k) contributions.
See "Pratt Workers Approve Pact And End Strike At Four Plants", The New York Times, The New York Times, December 13, 2001