Home / Business and Economy / PECO Strike Hits as Heat Wave Grips Region
PECO Strike Hits as Heat Wave Grips Region
5 Jul
Summary
- IBEW Local 614 members began striking on July 4th due to unresolved contract negotiations.
- Workers seek pensions for 600 employees, improved medical benefits, and wage increases.
- PECO states it made a strong offer with significant wage and benefit improvements.
IBEW Local Union 614 members commenced a strike just after midnight on Saturday, July 4th, following a failure to reach a contract settlement with PECO. This walkout occurred amidst a significant heat wave gripping the Delaware Valley.
Negotiations between the union and PECO began earlier in the year, with union members working without a contract since April 1st. A key point of contention is PECO's alleged failure to provide a wage proposal for months.
The union's demands include securing pensions for approximately 600 current employees who were hired without this benefit, alongside improved medical benefits and wage increases. Union leaders also highlighted safety concerns and stated that PECO workers are paid significantly less than their counterparts in other states.
PECO asserts that it has negotiated in good faith and presented a strong contract offer that includes substantial wage increases, enhanced retirement benefits, and additional support for employees and their families. The company expressed its commitment to reaching an agreement while ensuring reliable energy service.
The strike began on a busy holiday weekend, with the region already hosting major events like World Cup matches and anticipating the MLB All-Star game.
