OPEIU Local 39 union workers at TruStage Financial Group on Friday ratified a contract negotiated earlier this month that will raise wages, protect access to remote work, and maintain pensions and health insurance, according to the Wisconsin State Journal.
The agreement is effective through March 2028 and follows a tentative agreement reached with the company on Dec. 6. The agreement increases pay by 15.5% retroactive to 2022 and by 13.25% over the next four years. In addition to protecting access to remote work, it includes a monthly allowance for expenses; it brings more workers under the union’s representation; it continues health insurance at the level of the existing HMO plan; and it maintains pensions through the life of the contract.
TruStage CEO Terrance Williams stated, “We are pleased the members of the Office and Professional Employees International Union Local 39 have ratified a Collective Bargaining Agreement. We are also grateful for the efforts of both bargaining teams and the Federal Mediation and Conciliation Services. At TruStage, we believe a brighter financial future should be accessible to all, and our employees work hard to make that mission a reality. TruStage is looking forward to continuing our decades-long, productive relationship with OPEIU Local 39 and their leadership.”
TruStage, formerly CUNA Mutual Group, has roughly 4,200 employees including around 1,800 in the Madison area.
