Machinists ratify new agreement with SKF

Machinists ratify new agreement with SKF

Wednesday November 28, 2018

For Immediate Release

 

Toronto, ON – Members of IAM Local Lodge 901 have ratified a new collective agreement with SKF Canada.

The three year agreement provides wage increases of $ .50 per hour in each year of the agreement. Other agreement highlights include:

  • A $2 an hour increase to the defined benefit pension plan in the first year of the agreement.
  • Increased benefits
  • Increased boot allowance
  • Health care spending account increase increased from $300 to $450 which can be put toward topping up of any benefit the employee chooses

The 19 members work in the SKF Warehouse logistics facility in Scarborough.

 

-30-

 

For further information:
Jim Snider – IAM District Lodge 78 Business Representative
416-225-9003/613-919-2008
Bill Trbovich – IAM Director of Communications
416-386-1789 Ext #31/416-735-9765