AT&T Mobility, CWA Reach Tentative National Agreement on Benefits
Dallas, Texas, September 12, 2012
AT&T* announced today that AT&T Mobility has reached a tentative agreement with the Communications Workers of America in benefits negotiations covering all CWA bargained-for Mobility employees nationwide – more than 40,000 employees.
The tentative agreement will be submitted to the CWA’s bargained-for Mobility membership for a ratification vote in coming days. It is focused on benefits, including health care. Wages, pension and work rules for bargained-for Mobility employees are negotiated under separate contracts.
Upon ratification, the proposed new four-year tentative agreement takes effect Jan. 1, 2013, though most health care changes begin on April 1, 2013. The agreement provides modest increases to employee costs over the four year term. Among provisions of the agreement:
- For employees hired on or before Dec. 31, 2012, monthly premiums for individual coverage would be $38 for 2013, $61 for 2014, $69 for 2015 and $82 for 2016. For these same employees, monthly premiums for family coverage would be $81 for 2013, $127 for 2014, $142 for 2015 and $169 for 2016. New hires would pay a higher premium. Deductibles for network care would be $500 for individual coverage and $1,000 for family coverage in each year of the contract.
- Establishment of a new Health Reimbursement Account (HRA) for qualified employees hired on or before Dec. 31, 2012. The company would provide $500 contributions into each of these employee’s HRAs in 2013 and 2014.
- In the third year of the agreement, a Success Sharing Plan tied to AT&T stock would allow employees an opportunity to share in the company’s success.