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Ibew614

All articles tagged with #ibew614

labor3 days ago•23 min saved

PECO strike ends as union wins pension benefits for newer hires

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.

via WHYY|

#ibew614 #labor #peco

business15 days ago•26 min saved

PECO union warns of Fourth of July strike amid stalled contract talks

IBEW Local 614 says roughly 1,600 PECO workers will strike on July 4 if a contract isn’t reached after five months of negotiations, citing unresolved issues over wages and benefits. The union claims PECO pays about 30% less than peers, while the company says its offer is fair and plans to use trained contractors if a work stoppage occurs. Talks resume July 2 with a federal mediator involved; both sides have filed unfair-labor-practice complaints. A PECO strike would be PECO's first in 145 years and could impact service to about 1.7 million electric and 550,000 gas customers in the Philadelphia region, amid broader Exelon-profit growth.

via WHYY|

#business #exelon #ibew614