Note: This story was last updated at 10:02 p.m.
Union workers at the Y-12 National Security Complex ratified a new five year-contract on Thursday that includes 3 percent annual wage increases and a $2,500 signing bonus, an official said.
The first 3 percent wage increase goes into effect on Monday, December 7.
The new contract, the first “full-blown” contract since 2004, expires on June 22, 2020, said Steve Jones, president of the Atomic Trades and Labor Council, or ATLC.
Negotiation teams from the ATLC and Consolidated Nuclear Security LLC, which operates Y-12 for the National Nuclear Security Administration, had reached a tentative agreement on Monday on the new five-year labor agreement. [Read more…]