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SCHENECTADY DIGITAL HISTORY ARCHIVE
a service of the Schenectady County Public Library
Effective March 1953, the Company's Sickness and Accident insurance coverage, which formerly provided weekly sickness and accident insurance of $21.00 for 13 weeks to covered employees, will be amended to provide weekly sickness and accident benefits of $30.00 for 13 weeks to covered employees; and
The Company will make available the privilege of payroll deductions for employee and dependents coverage when satisfactory arrangements are perfected by the Union with organizations of BLUE CROSS and BLUE SHIELD. However, at the time such arrangements are made with said organizations, the dependent insurance benefits provided by the Company's existing group insurance policy under agreement of January 16, 1950, at employee's expense, will be cancelled and no longer remain in effect.
The now current coverage for covered employees under the policy with the Metropolitan Life Insurance Company, after giving effect to the change in (a) above, is as follows:
Employee Coverage
(Entire Premium to be borne by Company)
Life Insurance
$2,000.00
Life Insurance double indemnity
4,000.00 *
Weekly Sickness and Accident Benefits
30.00
(Period 13 weeks:
Starts — First day accident, 8th day sickness)
Daily Hospital Benefits (Period: 31 days)
8.00
Physician's Attendance Fee at $3.00 for 31 days (max.)
93.00
Special Services (max.)
40.00
Surgical Operation (max.)
150.00
* Accidental death not covered by Workmen's Compensation.
Subject to the foregoing, the provisions of Part III, Insurance and Pensions, of the January 16, 1950 agreement between the Company and Union shall continue in full force and effect and nothing contained in this Agreement shall be deemed to affect such provisions.
The terms and conditions of this Agreement shall continue in effect until midnight February 28, 1955, provided, however, that:
Either party may on January 1, 1954, give notice to the other party of a desire of the party giving such notice to negotiate with respect to a general and uniform change in rates of pay only. After the giving of such notice and before the parties shall reach an agreement on such matter (and during the period of any strike or lockout which shall occur as permitted by the provisions of this subparagraph [a]), neither party shall request the other party to bargain or continue to bargain with respect to any other matter; and neither party shall have any obligation to negotiate or bargain with the other party with respect to any such other matter. Within thirty days after the giving of such notice, the parties shall meet to negotiate with respect to the matter described in the first sentence of this subparagraph [a]. If the parties shall not agree with respect to such matter by midnight February 28, 1954, either party may thereafter resort to strike or lockout, as the case may be, in support of its position in respect to such matter; and if such strike or lockout shall occur, this Agreement (other than the Provisions of Parts II and III) shall terminate at the beginning of such strike or lockout, provided, however, that if and when the parties have reached an agreement with respect to such matter, the full agreement shall be reinstated and there shall be added to and incorporated therein such change as shall have been agreed to with respect to such matter only, but no others, and the entire agreement as so modified shall thereafter continue in effect until midnight of February 28, 1955. Said provision for reinstatement shall continue to be a continuing obligation in the event this agreement is terminated as above described.
On or before 60 days prior to March 1, 1955, either party may notify the other of its desire to meet in conference to be held at the office of the American Locomotive Company at Schenectady, N.Y. Not less than thirty (30) days, nor more than sixty (60) days prior to March 1, 1955, the parties shall meet for the purpose of negotiating the terms and conditions of a new agreement.
Any notice given under this Agreement shall be given by registered mail, be completed by and at the time of mailing, and if by the Company be addressed to the United Steelworkers of America, Commonwealth Building, Pittsburgh, Pa., and if by the Union to the American Locomotive Company at Schenectady, N.Y. Either party may, by like written notice, change the address to which registered mail notice to it shall be given.
IN WITNESS WHEREOF, the parties have hereto affixed their signatures this 9th day of March, 1953.