FINAL CONTRACT OFFER
October 31, 2003
General wage increase: 2.5% effective November 3, 2003; 2% effective November 1, 2004; 2% effective November 7, 2005.
Effective November 3, 2003, tool allowance for all skilled trades will be rolled into base rate before general wage increase is calculated ($.87 per hour).
Medical Plan: Change to three-tier contribution, employee only, employee plus one dependent, and family.
Rates effective: 
SingleEmployee plus 1 Family
11/3/03 2/2/04$5.50$14.50$14.50
2/3/04 2/6/05 $7.00$14.00$21.50
2/7/05 2/5/06 $8.05$16.10$24.73
2/6/06 11/5/06$9.26$18.52$28.44
Some copays in the CIGNA plans will increase effective 2/2/04. Check the plan provisions prior to the open enrollment period that will occur in November.
HMO employee contribution rates will decrease from those in 2003. Again, check the plans prior to the open enrollment period.
Dental Plan: Improvements to individual procedure amounts, annual limit remains $1,500 per person per year for Class II & Class III services. Orthodontia remains at $1,500 per person per lifetime.
Rates effective:SingleEmployee plus 1Family
11/3/03 2/2/04$0.00$0.80$0.80
2/3/04 2/6/05 $1.50$3.00$4.50
2/7/05 2/6/06 $2.00$4.00$6.00
Pension: $3 increase to $38 per month per year of service, up to a maximum of 35 years, effective 12/01/2003.
Retirees Medical and Life Insurance:
Company allowance unchanged until 10/01/2006. At that time, the Company contribution for medical coverage stops. The $5,000 paid-up life insurance coverage for retirees is not available for those retiring after 10/01/2006.
Savings Plan: $2 increase in matched contribution each of three contract years.
Unmatched contribution levels increase $12 the first year, and $4 each in the second and third years.
Duration of Agreement is three (3) years, expiring November 5, 2006.
Seniority: Sixty (60) months (five years) recall rights for all employees with over 61 days of seniority.
Job Code 2908 added to the general occupational grouping.
Cutback or BUMPED senior employee to return within thirty (30) days.
Deletion of ability to return to the bargaining unit from salary ranks.
Renewal of ten-year rights.
Letter of Understanding #8: Revised to protect gainshare/improshare earnings during implementation of plant closing.
Letter of Understanding #28: Sick or Personal Day is revised so that employee does not have to be on active payroll at the time of payment.
Letter of Understanding #29: RCD and RCG Warehouse Gainsharing Plan has been deleted. The 4% average earnings for the life of the plan has been rolled into the pay rates of job code 2908 before the general wage increase was calculated.
Pay rates are as follows:
New HireStep 1Step 2Step 3Step 4Step 5
Start Rate 60 days16 wks16 wks16 wks16 wks
$12.10$12.60 $13.10$13.60$14.10$14.45
There will be no red circle or gainshare/improshare plans in the warehouse.
There will be no gainshare/improshare plans on site once manufacturing at Syracuse has ceased.
Skilled trades assigned to TR6, once manufacturing at the Syracuse site has ceased, will have 12% added to their base rate of pay.
Janitorial and groundskeeping workers will not be eligible for the above increase.
Pension Accumulation
Employees may take a voluntary layoff, and return up to twelve (12) months later to retire. They will continue to accumulate age and service during this period. For example, an employee age 54 who has 29 years of service may take a voluntary layoff and return 12 months later after meeting the age 55 with 30 years of service requirement and retire with an unreduced pension.
[NEW] LETTER OF UNDERSTANDING
PLANT CLOSURE AGREEMENT
Benefit Eligibility
Regular, full-time, active employees who are permanently laid off as a result of the relocation of work announced on October 6, 2003 may be eligible for the benefits outlined below. Employees who resign or who are terminated will be ineligible to receive any benefits provided in this package.
Severance Pay
An employee placed on layoff as a result of this closure will receive severance pay equal to two (2) weeks of pay at the employee's wage rate on November 3, 2003, for each full year of service. Employees who take a voluntary layoff or waive their recall rights will receive their severance in a lump sum or weekly payment. Employees eligible for recall will receive their severance on a weekly basis per Article XXXV, Section 1.
Relocation
A relocation benefit of up to $1,000 based upon receipted expenses to relocate in excess of 100 miles from Syracuse, NY, to accept other permanent employment will be made available to laid off employees in accordance with Article XXXV, Section 2 of the current Agreement.
Educational Assistance
An educational allowance of up to $2,400 in tuition assistance allowances will be available to employees in accordance with Article XXXV, Section 3 of the current Agreement.
In accordance with the UTC Scholars Program the Company will pay for coursework toward an accredited degree program for four (4) years from the date of layoff. Employees must remain working until permanently laid off to be eligible to receive this benefit.
Group Insurance
Laid off employees may retain the Company paid Health Insurance Plan for six (6) consecutive calendar months by making the employee contribution as provided in Article XXVI, Section 3 of the current Agreement.
Vacation Pay
An employee who has six (6) months seniority and has not had vacation who is laid off on or after January 1 as a result of this action will receive vacation pay to which their seniority as of September 15 of the current year entitles the employee.
An employee who retires between November 3, 2003 and the closure of manufacturing operations will receive vacation pay at the time of retirement as follows:
Retirement Date Vacation Pay
December 1 through December 31 75% of full vacation pay
On or after January 1 Full vacation pay
Voluntary Layoff
As of the effective date of this Agreement, whenever it is determined that a reduction in force is necessary as a result of the relocation of work announced on October 6, 2003, senior employees in the affected job code(s), seniority unit and shift will be offered the opportunity to be permanently laid off in order of their seniority. The most senior of the employees who were scheduled to be laid off will be retained on a one to one basis for each senior employee who volunteers to accept the layoff.
Those employees who choose voluntary layoff will forego any right to recall but will be afforded all other benefits available to laid off employees under this Letter of Understanding.
One Time Bonus
In consideration of the effect of cessation of the Company's manufacturing operations as announced on October 6, 2003, payment of a one time bonus of $3,000 less applicable withholdings, to individuals employed as of November 2, 2003, payable on Thursday, December 11, 2003 provided the Final Company offer is accepted and ratified in its entirety on November 2, 2003.
Such payment may be contributed in its entirety to the UTC Represented Employee Savings Plan on an unmatched basis.
