Attached is the final copy of the Arbitrated Agreement, effective May 23, 2018.
As information, back pay should be issued within 60 days of effective date of the award. With regards to the “True-Up” deductions, the Carriers have agreed that such deductions do not apply to employees that are “Opt-Outs” (i.e., do not have foreign to occupation coverage) under the Plan. Moreover, the Carriers have agreed that the deductions would only apply during the months which a new employee has healthcare coverage. For example, if an employee was hired in March and had coverage effective April 1, 2018, the Carrier would deduct $73.24 for the month of April and May 2018 from the employee’s back pay check.