UVM, Teamsters Reach Two-Year Settlement - Insurance News | InsuranceNewsNet

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August 4, 2014 Newswires
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UVM, Teamsters Reach Two-Year Settlement

Targeted News Service

BURLINGTON, Vt., Aug. 4 -- The University of Vermont issued the following news:

The University of Vermont has successfully completed negotiations on a two-year contract with the Chauffeurs, Teamsters, Warehousemen and Helpers Union No. 597. The union represents full-time and regular part-time police officers, service officers, and dispatchers employed by the university.

Terms of the new contract include across-the-board wage increases of 2 percent for the fiscal year that began on July 1 and 2.5 percent for the fiscal year that begins July 1, 2015.

In addition, the new contract includes a 20-percent increase in the employee share of the cost of health insurance premiums in Fiscal Year 2015, but no additional cost share increase in Fiscal Year 2016.

"I am very pleased that we were able to reach agreement on a new contract with our police union," said Wanda Heading-Grant, Vice President for Human Resources, Diversity and Multicultural Affairs. "Our police officers, service officers and dispatchers represented by this bargaining unit play a crucial role with regard to the safety and security of our campus community."

The new contract is retroactive to July 1, 2014.

TNS 30TagarumaMar-140805-4819026 30TagarumaMar

Copyright:  (c) 2014 Targeted News Service
Wordcount:  189

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