Site Map Icon
RSS Feed icon
 
 
 
June 18, 2018
Contact Info - Volunteer 
Change of Address Form
Update your email and cell phone numbers to get important IBEW 21 updates, volunteer and become more a more involved Local 21 member and if you moved let us know.  Do it all here!

Organize Today
Learn more about organizing your workplace!

Click Here
<< June 2018 >>
S M T W T F S
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
Upcoming Events
Unit 7 Meeting Collinsville
Jun 18, 2018
American Legion Post 365 1022 Vandalia Street Collinsville, IL
Unit 6 Meeting Springfield
Jun 19, 2018
IBEW Local #193 3150 Wide Track Dr. Springfield, IL
Unit 5 Meeting Urbana
Jun 20, 2018
VFW Post #630 1303 E. Main St. Urbana, IL
Unit 3 Meeting Gurnee
Jun 21, 2018
American Legion 749 Milwaukee Gurnee, IL
Unit 2 Meeting Merrillville, IN
Jul 10, 2018
Slovak Club 6920 Broadway Merrillville, IN
Important Links
IBEW International
AFL-CIO Blog
Illinois AFL-CIO
Indiana State AFL-CIO
Chicago Federation of Labor
National Labor Relations Board
Attorneys of Goldberg, Weisman & Cairo
APT College
Bell System Memorial
ILCA Insider
Jobs With Justice-Chicago
Jobs With Justice-National
LabourStart
NACTEL Online
UnionPlus Benefits
Union Boot Pro
Union Label
Union Sportsmen Alliance
Oct 29, 2014 - AT&T Success Sharing Payout
Updated On: Jun 04, 2015

October 29, 2014

AT&T announced that eligible IBEW members employed by the company will receive a Success Sharing Plan (SSP) payout of $177. Information and Success Sharing payout eligibility can be found on page 153 of our 2013 Collective Bargaining Agreement with AT&T. 

The stock price appreciation for this year’s payout was measured from Oct. 1, 2013 at $34.06 to Sept. 30, 2014 at $35.24, for an increase of $1.18. Therefore, the calculation is 150 Success Units multiplied by the increase in stock price over the term ($1.18) — which equals $177. The 2014 SSP payment will be made on the Nov. 21, 2014 or Nov. 26, 2014 paycheck, depending on your payroll cycle.

In 2014, current eligible IBEW- AT&T employees do not receive the dividend portion of the SSP. During 2013 bargaining it was negotiated that the 2014 dividend portion would be paid to eligible retirees to offset costs associated with their retiree healthcare benefits. A payment of $300 was made to eligible retirees in January of this year. 

More SSP information can be found in our collective bargaining agreement by clicking here.


Forward this message to a friend or co-worker.
Frontline


Click the image to read
our April 2018 issue.
Read the archives here.

Follow Us!
Facebook icon Twitter icon
Labor Headlines

US labor news headlines from LabourStart

En Californie, de plus en plus d'entreprises misent sur le recrutement des autistes
In California, more and more companies want to recruit autistic employees
Study: Pay disparity for women making films
Tell KQED to stop union busting
Chicago Teachers Union Negotiates Right to Block Tests That Are Not Mandated by the State
  Union Plus Benefits  
Connection Failure: This usually happens when the news feed URL is entered incorrectly.
     
 
 
International Brotherhood of Electrical Workers, Local Union 21
Copyright © 2018, All Rights Reserved.
Powered By UnionActive™ Login

Visit Unions-America.com!
Click Here For Mobile Version