Perma-Fix Environmental Services Announces New Collective Bargaining Agreement With Annual Wage Increases for Production Employees

Reuters
10/01
Perma-Fix Environmental Services Announces New Collective Bargaining Agreement With Annual Wage Increases for Production Employees

Perma-Fix Environmental Services Inc. has announced a new Collective Bargaining Agreement $(CBA)$ for seventy-one production employees at its Perma-Fix Northwest Richland facility. Effective October 1, 2025, the agreement provides for annual base hourly wage increases calculated as one percent plus the annual percentage change in the Consumer Price Index for All Urban Consumers (CPI-U), Western Region Average. Covered employees will continue to receive existing healthcare benefits and 401k plan options. The CBA runs through October 1, 2030, with automatic annual renewals unless either party provides written notice to modify or terminate the agreement at least sixty days in advance. Additionally, Perma-Fix has notified its executive officers that their current employment agreements will not be extended beyond April 20, 2026. The company plans to offer new agreements to these executives, effective April 21, 2026, following recommendations from its Compensation and Stock Option Committee.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perma-Fix Environmental Services Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-016271), on September 30, 2025, and is solely responsible for the information contained therein.

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