IBEW 1245 has recently reached a side letter agreement with the Port of Oakland that restores eight personal leave days to IBEW 1245 members leave banks in recognition for eight furlough days that were agreed to in 2020.
The 2020 agreement on furlough days assisted the Port during last year’s significant budget shortfall and refinancing process, showing the level of partnership between the Port and Union during a financially constraining time. In agreeing to last year’s furlough days, the bargaining unit ultimately helped contribute to the Port’s newly uplifted Debt Service Credit Ratio that is now expected to exceed a healthy level above 1.60.
–Charley Souders, IBEW 1245 Business Rep