CONTRACT NEGOTIATIONS UPDATE FROM
PRESIDENT JOHN T. NICCOLLAI 6-16-2016
Contract Update: ShopRite, Stop & Shop, Kings, Foodtown & Westchester Independents
The Actuaries and Accountants for the Union and Companies met throughout the day on Thursday, June 16th, crunching the numbers necessary to properly fund our Pension and Welfare Programs into the future. The Union insisted that these numbers be predicated on no member co-pay for Health Care and the retention of a Defined Benefit Pension Plan. The Companies fought us on both these positions, insisting that members must co-pay and that our Pension Plan must be changed to a Defined Contribution Plan.
We indicated to the Company that both these issues are, without equivocation, strike issues, and unless our Welfare Plan is no co-pay and our Pension Plan continues as a Defined Benefit Plan, no agreement will be reached. In addition, the Union firmly stood on a position which would mandate a Pension increase in benefits for both full-time and part-time members. The Union stressed the fact to the Professionals that we are concerned about Social Security in the future, and we must better prepare ourselves to take care of our retirement needs.
The Union is equipped with the numbers we need to deliver a contract that best serves our members. The difficult fight will commence tomorrow with our Employers and Committee at the negotiating table to guarantee that we achieve a successful conclusion to our Welfare and Pension concerns, and deliver an entire contract worthy of ratification.