Pepco Contract Extended

Today Local 1900 and Pepco reached an agreement to extend the 2012 Contract by 3 years. The new expiration date is May 26, 2019.

The primary features of this extension agreement are:

* 2.5% GWI each year (2016, 2017, 2018)
* An additional 0.5% GWI each year if the Exelon acquisition closes
* Job security
* Hiring commitments

All other terms of the 2012 Contract remain unchanged.

This contract extension provides Pepco Local 1900 members important protections and stability for a significant period of time after the acquisition closes which is projected to be sometime next year.