Personal Injury Attorney in Union, SC

WASHINGTON, Dec. 13, 2024 — In a recent victory for workers, 33,000 International Association of Machinists and Aerospace Workers (IAM) District 751 and W24 members working at Boeing in Washington state, Oregon, and California recently ratified an industry-leading contract. The agreement, reached after a nearly two-month strike, not only secures historic wage and benefit gains for IAM members but has also set a new benchmark for aerospace workers nationwide, including non-union workers.

In Boeing South Carolina, non-union employees have benefitted from this ratified agreement by receiving a 9% standard wage increase and a $12,000 retention bonus. This recent pay increase and retention bonus payout demonstrates how union contracts are a rising tide that uplifts all workers in an industry, whether unionized or not.

“This agreement is more than a contract—it’s a statement about the value of labor and the role unions play in securing economic fairness for all aerospace workers,” said IAM International President Brian Bryant. “Our members fought courageously for what they deserve, and this victory proves the power of collective bargaining. IAM Boeing workers will help make the case to Boeing South Carolina workers on how we helped raise their wages and benefits at Boeing and the entire industry. We look forward to the conversations on the ground in Charleston about how the IAM can make their workplace stronger. ”

The ratified contract IAM Union District 751 and W24 members secured helped deliver a 43.65% compounded wage increase—38% before compounding—over its four-year term and a $12,000 ratification bonus. The deal also included significant improvements, such as enhanced retirement security and increased paid leave, while protecting healthcare benefits.

Highlights of the contract include:

Further details of the negotiated resolution can be found at iam751.org/2024StrikeProposal.

“Workers at other Boeing facilities deserve the same opportunity to improve their lives that the IAM Union has brought us,” said IAM District 751 President and Directing Business Representative Jon Holden. “Imagine the powerful changes we can achieve together: strengthening our work lives, ensuring fair treatment, and making Boeing successful by upholding the highest quality and safety standards. Joining the IAM Union means joining a united voice that fights for a better future for everyone. A future where every Boeing worker is treated with dignity and respect.”

The strike and eventual agreement received international attention, underscoring IAM Union members’ critical role in the aerospace industry. The groundbreaking contract is expected to have lasting positive effects not only on Boeing workers but on the entire aerospace industry, union and non-union alike.

The IAM International is looking to make inroads at Boeing's non-union South Carolina factories after a contract win on the West Coast.

Credit: KING

CHARLESTON, S.C. — The union representing West Coast Boeing machinists is looking to make inroads at the company's non-unionized factories following an "industry-leading" contract agreement for workers in Washington, Oregon and California.

The International Association of Machinists and Aerospace Workers (IAM) released a statement Friday linking a wage increase for non-union workers at the company's South Carolina factories to the two-month-long strike and subsequent contract agreement with IAM District 751 workers.

Charleston Boeing employees received a 9% wage increase and a $12,000 retention bonus - although an IAM press release did not specify when. The union claims that the pay boost is a ripple effect of the bargaining that took place across the country.

IAM International President Brian Bryant said representatives plan to speak with non-union workers in South Carolina about how unionizing could benefit them.

"Our members fought courageously for what they deserve, and this victory proves the power of collective bargaining," Bryant said. "IAM Boeing workers will help make the case to Boeing South Carolina workers on how we helped raise their wages and benefits at Boeing and the entire industry. We look forward to conversations on the ground in Charleston about how the IAM can make their workplace stronger."

In a statement, a Boeing spokesperson touted investments made in the region, as well as employee compensation.

“We continually invest in great pay and benefits for our employees and their families, in addition to the significant financial investments we continue to make here in the Puget Sound region," the spokesperson said. "All of this helps us attract and retain the best team for the long-haul as we steadily increase airplane production.”

The contract secured by the IAM District 751 for more than 33,000 machinists on the West Coast included a 43% compounded wage increase, improved 401k matching funds, improved healthcare and disability options, improved overtime rules and job-security provisions, among other improvements.

IAM said the "groundbreaking contract" is expected to have lasting positive effects on the entire aerospace industry, union and non-union alike.

Overall, the IAM represents approximately 600,000 active and retired members of the aerospace, defense, airline, railroad, transit, healthcare and automotive industries.

More than 240,000 people had information stolen during a cyberattack on SRP Federal Credit Union, one of the largest in South Carolina.

The credit union filed breach notification documents with regulators in Maine and Texas on Friday acknowledging that it recently detected suspicious activity on its network. SRP was founded in 1960, and said it has more than $1.6 billion in assets as of 2022.

After law enforcement was notified, an investigation was conducted and they realized that hackers accessed SRP Federal Credit Union systems “at times from September 5, 2024, and November 4, 2024, and potentially acquired certain files from our network during that time.” The investigation concluded on November 22.

SRP Federal Credit Union did not respond to requests for comment about what information was stolen. But the company told regulators in Texas that names, Social Security numbers, driver’s license numbers, dates of birth and financial information like account numbers as well as credit or debit card numbers were leaked.

In the breach notifications, the company said the cyberattack did not impact its online banking system or core processing system.

A ransomware gang named Nitrogen took credit for the attack last week, claiming to have stolen 650 GB of customer data. The company has not confirmed it was a ransomware attack.

The ransomware gang recently emerged in October, according to cybersecurity researchers with HackManac. It claimed a high-profile attack on Canadian video game developer Red Barrels, which the company confirmed in a message to customers. The attack had a "significant" impact on the company's game production timeline and was forced to delay some games.

Almost exactly one year ago, about 60 credit unions dealt with widespread outages after a ransomware attack on a popular software provider. The incident was so severe that federal credit union regulators were forced to step in and provide assistance after thousands of people complained of being locked out of their financial accounts for days.

Another prominent credit union in California was impacted for weeks this year after a ransomware gang took over the company’s systems ahead of the July 4 holiday.

The court subsequently granted bail to the accused after considering that she has been under incarceration since November 2023.

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New Delhi: The Supreme Court on Wednesday (January 15) slammed the Enforcement Directorate (ED) and said that it will not tolerate legal submissions made on behalf of the Union of India which are “contrary to law.”

“We will not tolerate conduct on the part of Union of India to make submissions contrary to statute,” said a bench comprising Justices Abhay S. Oka and Ujjal Bhuyan while disapproving an argument made by the ED that Section 45 of the Prevention of Money Laundering Act will not apply to a woman, reported LiveLaw.

Solicitor General Tushar Mehta had offered an apology for an earlier submission made on behalf of the ED in which the agency had argued that the stringent bail conditions under Section 45 of the PMLA Act were applicable to a woman as well.

After the Supreme Court had pulled up the agency for the submission, Solicitor General Mehta on Wednesday said that the previous submission had happened because of “some confusion due to miscommunication.”

“No question of miscommunication. We will never appreciate such submissions by the Union of India,” said Justice Oka.

“This is a clear intention on part of Union of India that by hook or by crook bail is to be denied. Therefore, such submissions are made. If people who appear for the Union of India do not know basic provisions of law why should they appear in the matter? And to file counter at the 11th hour? This shows that this is final that a person who is arrested under PMLA has to be denied bail under any circumstance,” added Justice Oka.

The court subsequently granted bail to the accused after considering that she has been under incarceration since November 2023 and there was no likelihood of an early completion of the trial.

“If government counsels who appear before the court are to proceed on the footing that the court is not aware about basic provisions and make such admissions, what do we do? How do we conduct the proceedings? We accept that we don’t know the entire Law but sometimes we do know few provisions of law,” said the court.