The union representing 1,300 UPS aircraft mechanics and related employees said it reached a deal that includes a 16 percent pay raise.
Teamsters Local Union No. 2727 said it took four years of bargaining with Atlanta-based UPS to reach the tentative agreement.
The union said the new pay rates and benefits are more than those for mechanics at FedEx and all other major U.S. airlines.
The contract keeps the current health benefits with no premiums and increases UPS’ contributions to employee pensions. The contract also includes 3 percent raises each year, “resulting in a 30.7% increase in pay from current rates by the end of the contract” and retroactive pay for hours worked since November 2013.
“UPS aircraft mechanics went for years without a raise, and we’ve worried long enough about the future of our medical care,” said aircraft mechanic Jack Chatburn who was on the bargaining committee. “We are eager to share the details of this top-notch agreement with our members and our families who will now have the top-notch pay and health benefits we’ve been fighting for. We believe the contract will be ratified swiftly.”