Members of IAM Local 971 employed at Aerojet Rocketdyne voted to ratify a new three-year deal recently.
The new accord features general wage increases of 6% in year one, with 1.5% of that raise coming July 30, 2022, 4% in year 2, and 3.5% in year three. Negotiators also maintained the $2,500, and $1,250 respective Health Savings Account employer payments for families and individuals per year over the life of the agreement, while holding the line on healthcare.
The new contract also features:
- $1,000 ratification bonus
- Three paygrades added
- Improvements to bereavement time
- Added optional unpaid holidays (UPH)
- Improvements for UPH use
“These members deserved a contract that reflects the quality of work and their dedication,” said IAM Aerospace General Vice President Mark Blondin. “This contract does that, my congratulations, and thanks to the Negotiating Committee and District 166 Directing Business Representative Kevin DiMeco for a job well done.”
“IAM Local 971 members are proud of the work they do,” said IAM Southern Territory General Vice President Rickey Wallace. “Thanks to the strength of this negotiating committee and the membership, they have secured a strong IAM contract that will secure the futures of our members and their families.”
“My thanks go out to the Negotiating Committee and the membership,” said District 166 Directing Business Representative Kevin DiMeco. “I’m proud of our work at the table, and the solidarity of the group behind the committee.”
The 100 IAM members build the RS-25, and the RL-10 engines that power rockets such as the Atlas V, and Delta IV Heavy Rockets, as well as the Space Launch System.
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