If you would like to have your Cost of Living Adjustment (COLA) payout deposited into your Health Savings Account (HSA), you can make the election to do so on the Textron Aviation employee portal “MyERIC” before the October 5, 2020, deadline.
Please see the notice below from Employee Benefit Systems (EBS) Leadership team regarding Temporary Furloughs, Layoffs, Reduced Hours, and Payment Grace Periods.
“The members have spoken. It’s time to stand together and build our union to be ready in four years.” ~ Shaun Junkins, Local 774 Chief Negotiator, and District 70’s Assistant Directing Business Representative.
In an effort to educate ourselves as much as possible before casting a vote on the company’s last, best, and final offer, we have provided some documents that show the costs associated with the healthcare plans being offered. We were also able to acquire more detailed information on Textron Aviation’s new no-deductible healthcare plan below.
Please take the time to study the changes in contract language to make an educated decision before you vote to accept or reject the offer. Hard copies of this report will be available at the contract ratification meeting on Saturday, September 19th.
What Our Recommendation Means:
Each one of our Negotiating Committee members negotiated the last, best, and final contract offer from the company that we determined possible without having a strike.
The final decision of whether we accept or reject the company’s final offer rests in the hands of this membership. Each member has a voice, use it. Our District and Local Lodge Representatives will support either direction members wish to go.
Here is a summary of benefits in the company’s last, best, and final offer that has been recommended by our Local 774 Negotiating Committee.