Workers at Rio Tinto have voted and the results are in.
The membership has voted 59 per cent in favour of accepting the tentative agreement.This comes after threats of strikes and a last minute deal before the deadline.
UNIFOR Local 2301 members voted 99.5 per cent in favour of going on strike if a tentative agreement was not on the table by July 23rd.
The decision was a difficult one as the new agreement included a Defined Contribution Pension Plan for hires as of 2020- meaning that hires after that point will have a different pension set up that will have the recipient manage their own pension, subjecting the funds to market fluctuations.
UNIFOR Local 2301 president Sean O’Driscoll said this is a hard day for workers and a very difficult decision to make.
O’Driscoll says that even if the workers didn’t accept this deal, the employers were pushing for the change in contract and that the next agreement would have probably included it as well, with the possibility of having less of the benefits this current agreement has.
Last nights meeting was heated. Police presence was requested outside the voting.
The division among workers is evident and UNIFOR local 2301 is urging workers at Rio Tinto to stay together in solidarity.