PistonPete Posted January 23, 2020 Share Posted January 23, 2020 Anyone know why the $75,000 'retirement assistance ' for eligible Romeo employees that was presented in the 2019 contract highlights is being ignored and Romeo Employees are now being told there's no info on $75,000 timeline so 'you better just take the sure thing $60,000'. If we can leave in April for $60,000 we can leave for the promised and published $75,000. The company and union say they don't know anything. Do you risk not signing for the $60,000 and hope The Ford Motor Company and the Uaw recognize their contractual obligations or look to the past littered with broken commitments and take the sure thing $60,000???? Quote Link to comment Share on other sites More sharing options...
Decker Posted January 23, 2020 Share Posted January 23, 2020 $75K ??? Quote Link to comment Share on other sites More sharing options...
PistonPete Posted January 23, 2020 Author Share Posted January 23, 2020 The Uaw allowed Ford Motor Company to close the Romeo Engine Plant in the 2019 contract. For that allowance Romeo was to get $75,000 non-skilled buyout and $85,000 skilled buyout. Corporate wide buyouts for all other plants (not closing) is $60,000. 1 Quote Link to comment Share on other sites More sharing options...
Decker Posted January 23, 2020 Share Posted January 23, 2020 This was in my highlights handout.... It`s on line also. Maybe our current appointed President could call our formed President and ask him to call our retired President and ask if someone made a side deal on this contract language? Gotta watch umm PistoPete OPTION 1: Special Retirement Incentive (SRI) – Eligible active employees impacted will be offered a payment of $75,000 (production) or $85,000 (skilled) if they exercise their right to retire. OPTION 2: Pre-Retirement Employees with 28 years of service will receive $3,000 per month/max 24 months. Employees with 29 years of service will receive $3,250 per month/max 12 months. Employees growing-in will continue to receive Health care benefits. Member Assistance Package – Romeo Engine 210C OPTION 3: Special termination Employment Program (STEP) Employees with 0-5 years of service: $7,500 Employees with 5-10 years of service: $22,500 Employees with 10-20 years of service: $67,500 Employees with 20-27 years of service: $75,000 OPTION 4: Training Assistance – Employees electing options (2) and (3) will be eligible for tuition assistance of up to: 1-3 years of service: $6,400 3-4 years of service: $7,400 4+ years of service: $8,400 By mutual agreement, the National parties will determine the time of the above special offerings. Details of the Special Program offerings will be jointly agreed upon and presented to all identified eligible JSP-eligible employees. Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted January 23, 2020 Share Posted January 23, 2020 I don't know if it's true or not, but I've heard from within the union that Romeo isn't supposed to close for another 3 years once the life cycle of this generation super duty is done. Quote Link to comment Share on other sites More sharing options...
jose Posted January 23, 2020 Share Posted January 23, 2020 2 hours ago, fuzzymoomoo said: I don't know if it's true or not, but I've heard from within the union that Romeo isn't supposed to close for another 3 years once the life cycle of this generation super duty is done. exactly,its in the contract. Quote Link to comment Share on other sites More sharing options...
Decker Posted January 23, 2020 Share Posted January 23, 2020 Yep Fuzzy that’s what is being stated about Romeo here also. It sounds like one very long and drawn out process of closing a plant. Quote Link to comment Share on other sites More sharing options...
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