Osco management opened the third day of federal mediation with the Teamsters Local 727 Bargaining Committee by promising to provide a complete, comprehensive offer. After seven hours, however, the company still has not provided such an offer, so instead, the Local 727 Bargaining Committee gave Osco management its last, best and final offer on all outstanding economic and non-economic issues.
During Wednesday’s federal mediation session, Osco management gave the Teamsters Local 727 Bargaining Committee a presentation with slides explaining that the company views its health care costs as part of a total compensation package in order to be competitive with CVS and Walgreens.
For the first time – after eight full meetings — Osco management finally gave the Teamsters Local 727 Bargaining Committee an official health care proposal as federal mediation resumed June 8.
The Teamsters Local 727 Benefit Funds will be relocating to 1300 W. Higgins Road in Park Ridge and is scheduled to be up and running in the new space starting June 20.
The Teamsters Local 727 Bargaining Committee will present to CVS management a petition from pharmacists, who are calling on the company to reach a fair agreement on a new contract.
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