June 11, 2013
By Jerry King
BOSTON, Mass. — NSTAR Electric and Gas and Utility Workers Union of America AFL-CIO, Local 369, have reached agreement on a new three-year contract, awaiting approval by membership. “We are very pleased we were able to work together with the union leadership in a mutually respectful way to achieve a fair and balanced agreement.
We greatly value our employees for the work they do everyday to deliver excellent service to our customers,” said Christine Carmody, Senior Vice President of Human Resources at Northeast Utilities, NSTAR’s parent company.
“This three-year contract with UWUA Local 369 will provide good wages, excellent benefits, and a defined benefit retirement plan that will continue for our current employees. This agreement is also consistent with industry changes and provides an enhanced 401(k) plan for new hires.”
The new deal provides updated company-sponsored benefits programs while continuing to provide a comprehensive total compensation package. Key provisions of the new agreement include: Annual wage increases of 3 percent, 2.75 percent and 2.5 percent, respectively. A choice of three comprehensive medical, dental and vision plans. Enhanced 401(k) defined contribution plan for new hires
UWUA Local 369 represents approximately 1,900 NSTAR employees working throughout the company’s service territory. NSTAR is the largest Massachusetts-based, investor-owned electric and gas utility. The company transmits and delivers electricity and natural gas to 1.4 million customers in Eastern and Central Massachusetts.