Wednesday, September 04, 2002
I would like to update everybody on the status of the negotiations. We have gotten very close and now are trying to answer the last couple of issues. This is where it has really bogged down. We are waiting on the Company’s assessment of different pension options. We have resolved most of the issues and feel confident that we can reach a settlement before the September 10th deadline for the court hearing. In the event that we reach an agreement, there will be a ratification vote by the members. The court hearing will be postponed pending the ratification vote.
Sincerely James Root, President Local 3641
I would like to update everybody on the status of the negotiations. We have gotten very close and now are trying to answer the last couple of issues. This is where it has really bogged down. We are waiting on the Company’s assessment of different pension options. We have resolved most of the issues and feel confident that we can reach a settlement before the September 10th deadline for the court hearing. In the event that we reach an agreement, there will be a ratification vote by the members. The court hearing will be postponed pending the ratification vote.
Sincerely James Root, President Local 3641