45 U.S.C. § 1103 : US Code - Section 1103: Goals and objectives

Search 45 U.S.C. § 1103 : US Code - Section 1103: Goals and objectives

It is the goal of this subtitle to provide Conrail the
opportunity to become profitable through the achievement of the
following objectives:
(1) Nonagreement personnel
(A) Employees who are not subject to collective bargaining
agreements (hereafter in this section referred to as
"nonagreement personnel") should forego wage increases and
benefits in an amount proportionately equivalent to the amount
foregone by agreement employees pursuant to paragraph (4) of this
section, adjusted annually to reflect inflation.
(B) After May 1, 1981, the number of nonagreement personnel
should be reduced proportionately to any reduction in agreement
employees (excluding reductions pursuant to the termination
program under section 797a of this title).
(2) Suppliers
To facilitate the orderly movement of goods in interstate
commerce, materials and services should continue to be available
to Conrail, under normal business practices, including the
provision of credit and normal financing arrangements.
(3) Shippers
Conrail should utilize the revenue opportunities available to
it under the Staggers Rail Act of 1980 and subtitle IV of title
49.
(4) Agreement employees
(A) Conrail should enter into collective bargaining agreements
with its employees which would reduce Conrail's costs in an
amount equal to $200,000,000 a year, beginning April 1, 1981,
adjusted annually to reflect inflation.
(B) Agreements under this subparagraph may provide for
reductions in wage increases and for changes in fringe benefits
common to agreement employees, including vacations and holidays.
(C) The cost reductions required under this subparagraph in the
first year of the agreement may be deferred, but the aggregate
cost reductions should be no less than an average of $200,000,000
per year for each of the first three one-year periods beginning
April 1, 1981.
(D) The amount of cost reductions provided under this paragraph
shall be calculated by subtracting the cost of an agreement
entered into under this paragraph from (i) the cost that would
otherwise result from the application of the national agreement
reached by railroad industry and its employees, or (ii) until
such national agreement is reached, the cost which the United
States Railway Association estimates would result from the
application of such a national agreement.
« Prev
Statement of purpose
Up
Northeast rail service
Next »
Definitions

FindLaw Career Center