Any info on this?
4 replies (most recent on top)
We had it after the 97 merger. It ran out on 05? This is not STB approved.
I wouldn’t think that would apply in this case.
Surface transportation board?
A SUMMARY OF THE PROVISIONS OF NEW YORK DOCK RAILWAY V I.C.C.,
NOVEMBER 7, 1979
New York dock is the name of a labor protective arrangement that offers up to six years of wages and benefits to unionized railroad employees who are adversely affected by a transaction approved by the Surface Transportation Board (formerly the Interstate Commerce Commission). Transactions covered by New York dock include mergers, acquisitions, and line sales to Class I carriers.
What Does 'ADVERSELY AFFECTED' Mean? You are adversely affected when you are placed in a worse position due to an STB-approved transaction. There must be a direct connection between the transaction and the adverse effect.
“DISMISSED EMPLOYEE” OR “DISPLACED EMPLOYEE”
Being a DISMISSED employee means that you: · Have been deprived of employment because of the transaction; · Have been furloughed as a direct result of the transaction; · Have been bumped, and subsequently furloughed, by another affected employee; · Cannot hold a position through the full exercise of seniority. Being a DISPLACED employee means that you: · Have been placed in a worse position as it relates to compensation and work rules because of the transaction; · Have been required, due to the transaction, to exercise your seniority to a lower-rated position.