Teamsters union members ratify US agreement with AB InBev
Reuters
Published Mar 05, 2024 09:49PM ET
Updated Mar 05, 2024 09:59PM ET
(Reuters) - The Teamsters union said on Tuesday its members approved a five-year agreement with Anheuser-Busch Inbev, ratifying a deal that includes pay hikes and improved healthcare for workers at the brewer's U.S. facilities.
Anheuser-Busch Inbev and the Teamsters union had reached a tentative agreement last week that averted a strike.
Under the agreement, which covers 5,000 Teamsters working at Anheuser-Busch breweries in the United States, union members will receive wage increases of $8 an hour, including an immediate $4 an hour raise in the first year, the union said.
The contract also includes a $2,500 ratification bonus, increased pension contributions, and restoration of retirement benefits for active and retired members.
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Written By: Reuters
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