MADISON, Wis. (5/6/13)--Office & Professional Employees International Union (OPEIU) Local 39 employees at Madison, Wis.-based CUNA Mutual Group have ratified a three-year contract.
The contract includes increases in wages and salary ranges as well as increased incentive plan payouts for leading performers; changes to pension and post-retiree benefits, including freezing the current defined benefit plan and replacing it with a cash balance defined benefit plan; and modifications to health insurance offerings and premiums.
"Union leadership and the company worked hard in the past two months to reach agreement on a contract that reflected both sides' most important issues," said David Sargent, chief human resources officer. "Our company has a goal of being an employer of choice who provides good-paying jobs, strong benefits, professional growth and development, and opportunities for employees to make a difference for the customers we serve and the communities where we live," he said.
"The bargaining committee representing OPEIU Local 39 members at CUNA Mutual Group remained focused on the issues that were important to members," said Karen Maund, chief steward. She noted "all the innovative ideas shared at the bargaining table, at membership meetings, along with all the support and encouragement, as every member played a part in reaching an agreement that reflects good wages and benefits."
"Reaching an agreement of this sort during these economic times was difficult, but working together was key and both teams were determined to achieve results," said Debra Eveland, business representative for OPEIU Local 39. "The union looks forward to continuing a working relationship with the company."