IBEW 1245 members at NV Energy have overwhelmingly ratified a new agreement by a margin of 84% to 16%. Click here to view the official vote tally.
This new agreement will extend the existing Collective Bargaining Agreement (CBA) until September 2022, providing an additional five years of stability to the current four-year agreement with essentially no takeaways.
“These results prove that our sustained effort to change the relationship between Berkshire-Hathaway and the IBEW has paid off,” noted IBEW 1245 Business Manager Tom Dalzell.
The agreement includes general wage increases of 2% in 2016, 2% in 2017, 2% in 2018, 2% in 2019, 2.5% in 2020 and 2.5% in 2021. Additionally, Customer Service Reps will get an additional wage step at three years, and employees in Lines and SCAT/Relay above journeyman classification will receive an additional 1% inequity adjustment in 2017, 2018 and 2019.
Effective January 1, 2017, new hires will receive fixed 401k contribution of 4%. Additionally, the 6% 401k match outlined in Section 22.3 of the CBA will remain in place. Current cash balance plan participants will have a one-time opportunity to move future accruals to the 401k plan at the same fixed contribution amounts currently funded into the cash balance plan.
Safety Bonus requirements for 2017-2021 will be based on 2016 criteria, with the same payout of 2%. The Company will continue to fund employee HSA/HRA contributions of $500/individual and $1000/family, with no change to wellness program at this time. The Union and Company agreed to have the Joint Benefits Committee to continue to review the wellness program and make recommendations.
“We are pleased to have secured such a strong contract for our members at NV Energy,” said Local 1245 Business Rep Pat Waite. “I would especially like to thank the Bargaining Committee members, Tom Cornell, Reto Gross, Adam Weber, Michelle Bennuzi and Chris Gillespie, as well as Business Manager Tom Dalzell, for their hard work.”