Contract Ratification
Dow Jones Contract Ratification
IAPE has signed a "Memorandum of Agreement" with Dow Jones, formally outlining the terms of the contract the IAPE membership ratified by a vote of 831 to 90 on October 12, 2007.
The MOA will be used as framework for producing the actual written version of the new contract, which will then printed in booklet form and distributed to the rank and file as soon as possible after a detailed review by the lawyers from both sides.
The changes in the Managed Choice health care plan will mirror those changes the company made for non-union employees on January 1, 2007 and have been posted as a guide to the terms of the proposed new plan.
For those with questions on Formulary and Non-Formulary drugs we've posted the company's April 2007 listing of the formularly and non-formulary drugs provided by Pharmacare.
The schedule of new premiums for full-time and part-time employees for both Managed Choice and PPO (now renamed POS II) have been posted— along with the details on the accelerated vacation schedule, holidays and sick time.