"IUE-CWA has met its goals of safeguarding affordable health insurance and substantially increasing pensions for our members, " said IUE-CWA President Edward Fire .

FORBES: Magazine Article

On Sunday, the IUE-CWA said GE had made concessions on pensions and health care over the weekend, and, in return, the union had agreed to extend the new contract for four years.

FORBES: As GE Reaches Deal, Strikes Are Disappearing

The deal GE (nyse: GE - news - people ) reached with the International Union of Electronic Workers-Communication Workers of America (IUE-CWA) and the United Electrical, Radio and Machine Workers of America (UE) covers wages and pensions--but what to do about rapidly rising health costs was always the thorniest issue, as it is an issue with workers, unionized and nonunionized, across the economy.

FORBES: As GE Reaches Deal, Strikes Are Disappearing