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IBEW1245

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NEWS-PGE

CPUC revised Proposed Decision on the PG&E Joint Proposal on the Diablo Canyon Power Plant closure, and its effect on the Bonus Retention Program

January 11, 2018

In August of 2016, an Initial Joint Proposal was submitted by PG&E to the California Public Utilities Commission (CPUC) requesting $350M (25% of annual pay) for employee retention, and three additional line items — 1) DCPP closure in 2024-2025, 2) local money to county offset future tax loss, and 3) replacement of power.

In November of 2017, an Administrative Law Judge presented a proposed decision (PD) to the CPUC, which recommended $160M for employee retention, and an opinion/changes to the other three line items of the original Joint Proposal.

In January of 2018, the CPUC unanimously voted yes on a revised proposed decision. The revised PD authorized $211M (15% of annual pay) for employee retention, and addressed the three additional line items.

The CPUC revised PD caps the annual retention bonus at 15%, which is less than 25% the parties had originally asked for.  The company and union will meet to decide the path forward.

This news is disappointing to all of us, but especially the men and women who work so hard to make DCPP one of the best run plants in the world.  We will be communicating with you, our members, on a regular basis as more information comes out.  It is our goal to keep everyone informed so that each of you will be able to make the best possible decision for you and your family’s future.  We will be at the Canyon to talk to individual members, we will host a call for all members at DCPP to answer your questions, and we will keep you informed as we move forward with negotiations.  Please contact us with any questions you may have.

–Bob Dean, IBEW 1245 Senior Assistant Business Manager

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