IBEW Local 503 Membership Ratifies Contract Extension With O&R
The International Brotherhood of Electrical Workers (IBEW) Local 503 last night ratified a three-year extension of its current labor contract with Orange and Rockland Utilities, Inc. (O&R).
The key updates to the existing contract primarily address wages, medical coverage, and benefits.
O&R Director of Labor Relations Vany Vargas said, “Our mutual goal was to reach a settlement that would be fair and equitable to employees while also meeting our responsibilities to our customers. We believe that the contract extension achieves this goal.”
The current contract has been in effect since June 1, 2019. O&R has 1,098 employees, 582 of whom are represented by Local 503.
About Orange & Rockland
Orange and Rockland Utilities, Inc. (O&R), a wholly owned subsidiary of Consolidated Edison, Inc., one of the nation’s largest investor-owned energy companies, is a regulated utility. O&R provides electric service to approximately 300,000 customers in southeastern New York State (where its franchise name is Orange & Rockland) and northern New Jersey (where it’s Rockland Electric Company) and natural gas service to approximately 130,000 customers in New York.