May 9, 2011
NTEU Chapter 275 Newsletter
New Nationwide Agreement
As many of you are aware, there are two agreements that govern FDIC employees: the Compensation Agreement and the Nationwide Agreement. While the Compensation Agreement governs all pay and benefit matters for bargaining unit employees, the Nationwide Agreement governs working conditions under which we must work. These include things such as disciplinary/ adverse actions, grievance procedures, telework, leave, etc. Negotiations on the Nationwide Agreement began in August 2009. While agreement has been reached on 32 articles, NTEU and FDIC are still far apart on numerous other articles. As a result, the parties submitted the issues to the Federal Services Impasse Panel for binding arbitration. As of May 2011, NTEU and FDIC are still awaiting a hearing on these issues. Once a resolution is reached, the contract will go to each chapter’s membership for ratification. As things change, we will communicate with all members via email. Please let your local chapter representative know of any questions you may have.
