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pseg - lu 94 info

Contract Summary Between PSEG and IBEW Local 94

The 2023–2027 collective bargaining agreement between PSEG and IBEW Local 94 has been ratified and is fully in effect. Review the full contract summary and key terms below.
Download Full Contract Summary
2023 IBEW Local 94 PSEG contract final ratification vote tally results document.
Official congratulations letter to IBEW Local Union 94 members on contract ratification.
Contract Vote

2023–2027 Ratification Result

IBEW Local 94 — Official Ballot Tally

1576
accept
1107
Strike
3
void
Total Votes Cast: 2,686
Contract Ratified — 2023–2027
contract terms

wage increases

Year 1 — 2023
3%
Wage Increase
Year 2 — 2024
3%
Wage Increase
Year 3 — 2025
3%
Wage Increase
Full Summary

Contract Terms Summary

PSEG — IBEW Local 94 CBA

Effective 2023 — 2027
Provision
Terms
Contract Period
4-Year Agreement — 2023 through 2027
Wage Increases
3% per year across all four contract years
Healthcare — Employer Contribution
Increased contributions each year of the agreement
Pension / Retirement
Defined benefit pension maintained; IBEW defined contribution plan continued
Annuity / 401(k)
Employer contributions maintained with annual step increases
Paid Time Off
Existing vacation, personal, and sick leave provisions maintained
Overtime
All existing overtime language and premium pay provisions preserved
Job Security
No outsourcing of bargaining unit work; jurisdictional protections maintained
Safety
Joint Labor-Management Safety Committee provisions continued and strengthened
Grievance Procedure
Four-step grievance process maintained with binding arbitration
Ratification Vote
1,576 Accept / 1,107 Strike / 3 Void — March 23, 2023
Downloads

Contract Documents