Amtrak employees will receive 100% of their back pay on May 1, according to Amtrak President Joseph Boardman, who informed UTU International President Mike Futhey of the move Thursday. Boardman said the action has the full support of Amtrak’s Board of Directors; the funds come from Amtrak’s appropriations budget.
The current contract covering Amtrak agreement employees provides for a wage-increase and lump sum retroactive payment package totaling $573 million. Amtrak, citing budget constraints, is paying out the sum over a two-year period. Amtrak so far has funded some $428 million of the $573 million contract settlement, leaving the balance of $145 million to be paid May 1.
Amtrak has designated May 1 as "Employee Appreciation Day."