Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CUNA Mutual union ratify contract agreement
MADISON, Wis. (4/25/08)--CUNA Mutual Group has signed a four-year contract agreement with the Office of Professional Employees International Union (OPEIU) Local 39. “We set our priorities early,” said Kathryn Bartlett-Mulvihill, chief steward for CUNA Mutual’s represented staff. “They included job security, quality improvement, improved customer relationships, an improved relationship between the company and community, and wages and benefits. The new contract addressed all of our priorities in some aspect and we look forward to a new beginning.” Key components of the contract include:
* A commitment to build a better working relationship between the company and the union; * A commitment to work jointly on continuous quality improvement; * Across-the-board pay increases for represented employees of 2% in 2008 and 3% in each of the final three years of the contract; * An increase in health-care premium cost-sharing; * Benefits including pension, 401(k); health retirement account; dental and vision coverage; vacation; sick leave and personal days; and short- and long-term disability coverage; and * A buyout program for longer-service employees.
The agreement also provides wage increases and a 12-month moratorium on reductions in the work force as a result of outsourcing, subcontracting or transfer of work involving represented staff.


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
11 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
12 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
12 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
13 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
13 hours ago