On August 16, 2022, the Presidential Emergency Board No. 250 published its report to President Biden pursuant to the Railway Labor Act and the President’s Executive Order dated July 18, 2022.
The 119-page report includes discussions and recommendations regarding wages and compensation, health and welfare, holidays, paid sick leave, carriers’ work rules proposals, and organization-specific work rules proposals. Included in the report is a summary of recommendations including a 24% general wage increase incorporated over a period of four years, with retroactive increases from July 1, 2020, to the final increase on July 1, 2024; $5,000 of service recognition bonuses over the four year period of December 1, 2020, to December 1, 2024; effective January 1, 2023, remove the cap on monthly employee contributions so that
thereafter the contributions equal 15% of the overall cost to the Plans of providing covered benefits to participants; effective January 1, 2023, change the plan design to increase the annual maximum for hearing benefits from $600.00 to $2,000.00; effective January 1, 2023, change the plan design to remove age limits on speech therapy and provide coverage for Applied Behavioral Analysis without age or dollar limits for those with Autism Spectrum Disorder; effective January 1, 2023, employees are to receive one additional paid personal day per year; and several organization specific changes regarding allowances.
You can access the entire report here: PEB-250-Report-and-Recommendations