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CLOCK STOPS FOR CON ED

By ED ROBINSON, AP

Last updated: 7:54 am
July 2, 2008
Posted: 4:03 am
July 2, 2008

Talks to avert a strike by Con Ed workers continued past a midnight deadline early today.

"We've stopped the clock," utility spokesman Michael Clendenin said.

Con Ed and Local 1-2 of the Utility Workers of America, which represents 9,000 of the company's 14,000 employees, resumed talking early yesterday.

Negotiations were suspended over the weekend when Gov. Paterson stepped in and suggested a 72-hour cooling off-period.

Union spokesman Joe Flaherty said a major sticking point has been Con Ed's proposal to switch from a traditional pension to a 401(k)-style plan for new employees.

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