http://www.cwa-union.org/news/entry/cwa_reaches_tentative_agreement_with_verizon
Highlights of the new agreement include:
•Preservation of existing job security language, including a prohibition on layoffs of workers hired before 2003 and restrictions on the company’s right to relocate work out of the region.
•Preservation of provisions of the contract which restrict the company’s right to reassign workers long distances from their homes.
•Preservation of the existing defined benefit pension plan for all current employees.
The workers at Verizon Wireless negotiated a contract containing no concessions and substantial wage increases.
Additional details of the agreement are being withheld until local unions have an opportunity to present them to members in meetings and at work locations over the next several days. Specifics of the ratification process have not been finalized, but voting will take approximately one month to complete.