The Company announced today that the CPS award for full time employees is $700.00. The award was calculated at $677.00 but will be paid at the minimum negotiated amount of $700.00.

The award will be pro-rated for part-time employees and those employees who participated for more than 3 months but less than 12 months in the year plan.

The award will be paid on March 1^st or 2^nd based on your member’s regular payroll distribution schedule.