Massena union representing Alcoa, Arconic workers to picket Tuesday afternoon
MASSENA -- United Steelworkers Local 420A will hold an informational picket on Tuesday afternoon.
The union is trying to negotiate a new contract for workers at Alcoa and Arconic.They will meet at their union hall, 24 Woodlawn Ave., at 3 p.m. and move the picket line to the #1 entrance to the Arconic and Alcoa plants.
According to a statement from USW posted on the local 420A Facebook page, "Arconic has proposed to freeze benefits for hourly pension plans as of Dec. 31, 2020 and replace them with age-based contributions to a 401k savings plan."
They say the proposed freeze will "undermine retirement security" and "shift the risk of poor investment performance to employees."
"Arconic has enough cash for its executives, lenders and stockholders, but not to fund the promises to retirees or provide retirement security to active employees," the USW statement says.
The complete statement and details about the picket are on the Local 420A Facebook page at https://www.facebook.com/steelworkers420A/ .