Members of the Amalgamated Transit Union Local 757 (ATU) have voted to ratify the tentative agreement on a new contract. ATU ballots were counted today; TriMet’s Board of Directors unanimously approved the agreement earlier this week.
The four-year contract takes effect immediately and covers the period from Dec. 1, 2012 through Nov. 30, 2016.
Over the life of the four-year contract, TriMet avoids paying out about $50 million due to changes to wages and healthcare benefits when compared to continuing the 2009-2012 contract terms.
“This contract begins a new chapter and puts TriMet on a financially sustainable path moving forward,” said Randy Stedman, Executive Director of Labor Relations and Human Resources for TriMet. “I especially want to thank both negotiating teams and the state Conciliator, who mediated the settlement, for the extremely hard work to find the common ground reflected in this agreement.”
In recent months, the parties have moved toward more effective cooperation such that they have been able to successfully resolve a number of outstanding issues.
TriMet’s Board of Directors unanimously approved the tentative agreement on Wednesday, Oct. 22.