PECO strike ends as union wins pension benefits for newer hires

1 min read
Source: WHYY
PECO strike ends as union wins pension benefits for newer hires
Photo: WHYY
TL;DR Summary

PECO workers ended a three-day strike after a tentative five-year contract that includes pensions and retirement health benefits for newer hires, 4% annual raises for linemen and gas technicians (4 years) plus 4.5% in year five, and 3% per year for call-center staff; the agreement also adds 24-hour overtime notice and upgraded pay. The 1,600-member IBEW Local 614 workforce will vote to ratify, ending PECO’s first strike in its 145-year history amid heat, outages, and widespread restoration efforts. PECO profits reportedly rose after 2025 rate hikes.

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