Tyson Workers at Iowa Plant Ratify Contract
Waterloo/Cedar Falls Courier
Tyson Foods Inc. announced Thursday that workers at a plant in Cherokee, Iowa, have approved a new five-year contract that will have employees pay 25 percent of health insurance costs.
Health insurance is now fully paid by Tyson at the plant.
The pact is effective immediately. The plant has 700 workers, 600 of which are covered under the new contract.
Tyson
said the agreement with the United Food and Commercial Workers union
Local 179 includes a delayed start for a new health package and a
retirement savings program that replaces a pension plan with a 401k
plan. The contract also includes bonus pay.
Hourly base wages will not rise under the contract but most workers will get bonuses, Tyson said.
Tyson said workers hired after Oct. 6 will get $9 an hour instead of the $10.69 rate paid under the expired contract.
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