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(See contract, Page 165A.)
Your elected bargaining committee at Ford understands the economic difficulties faced by workers hired following the 2007 National Agreement. Negotiators fought for and won increases in base salaries. Entry-Level workers will be paid according to the following schedules:
Eligible for tuition assistance programs
(See contract, Page 166A.)
Entry-Level employees are now eligible for all tuition assistance programs, including annual personal development assistance (PDA) courses.
Health care benefits improvements for Entry-Level workers
(See contract, Page 168A.)
After much resistance from the company, the UAW was able to negotiate major benefi t improvements to the Entry-Level health care program, including:
Personal retirement plan
(See contract, Page 169A.)
Entry-Level workers hired prior to this agreement will be covered under the supplemental agreement covering the Ford cash balance pension plan for hourly rate employees. Effective Jan. 2, 2012, cash balance pension plan benefits will be frozen and transferred into the TESPHE.
Entry-Level TESPHE and retirement contributions
(See contract, Pages 169A, 170A.)
Rollover opportunities will be made available for transfer of the cash balance pension plan to the TESPHE. Entry-Level employees hired prior to the effective date of the agreement will now receive company contributions of 6.4 percent of eligible weekly earnings into the TESPHE.
For Entry-Level employees and all skilled trades workers hired after the effective date of the agreement, the company will contribute 4 percent of eligible weekly earnings into the TESPHE.
Entry-Level employees will continue to receive $1 per hour up to 40 hours per week in company contributions to the TESPHE.
Entry-Level life benefits
(See contract, Page 170A.)
Under the proposed agreement, Entry-Level employees shall be eligible for basic life insurance and extra accident insurance on the first day of employment. Active Entry-Level employees will be provided with basic life insurance coverage in the amount of $45,000. The company will provide extra accident insurance in the amount of $22,500.