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(Source: International Brotherhood of Teamsters press release, November 16, 2023)

WASHINGTON, D.C. — Under concentrated pressure from Teamster members and the negotiating committee for more than a week, Anheuser-Busch has reached a tentative agreement with the union to restore retirement benefits for active and retired members and permanently end an unfair tiered structure to health care for active employees.

The significant gains are key issues for the Teamsters during negotiations for a new contract with the beer giant. The tentative agreement on health care and retirement follows strong actions by the Teamsters National Negotiating Committee to stop bargaining last week until Anheuser-Busch took worker demands seriously.

The new language restores retiree health benefits lost under the two prior contracts and protects those benefits going forward by placing the benefits solely in the control of the Teamsters. The unfair tiered structure for active employee health care created under the expiring contract will come to an end. Anheuser-Busch will put $50.7 million over four years into a fund to secure benefits for Teamsters retiring under the new agreement and for contracts thereafter.

“As we proved at UPS, the Teamsters Union is not going to settle for two-tier systems that unfairly pit our members against one another or deprive workers of the wages and benefits they’ve earned,” said Teamsters General President Sean M. O’Brien. “This tentative agreement is a resounding victory for our rank-and-file members fighting tooth-and-nail for a record contract at Anheuser-Busch. But there is more ground to cover to make sure workers are protected and respected at this company. The fight is not over.”

In addition to restoring and securing retiree benefits, the Teamsters ended a two-tier health care plan for active members that unfairly cost new hires at Anheuser-Busch thousands of dollars more than longer tenured workers. Under the tentative agreement, all Anheuser-Busch Teamsters will enroll in the same Teamster-controlled high-quality health care plans.

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