The proposals are now due to be considered by the union’s National Executive Committee (NEC) and, if passed, could end a bitter dispute that has seen a wave of unions strike hit by railway workers in recent months.
According to RMT, the offer includes “detailed documentation on a range of subjects” and “requires serious and careful consideration”.
It added that pay and job security proposals “are directly dependent on cost savings and changes in contract terms, entitlements and labor practices.”
RMT General Secretary Mick Lynch said: “The National Executive Committee will be considering this matter and has not taken a decision on the proposals or the elements contained in them.
“We will provide information on our next steps in due course.”
A spokesman for the Department of Transport said: “These strikes have been going on for far too long and this is a step in the right direction.
“This fair and reasonable offer guarantees employees a salary increase in line with private industry and no compulsory redundancies, while enacting the reforms needed to address the long-term challenges facing the industry.”
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Elsewhere, Rail Delivery Group chairman Steve Montgomery described the offer as “fair” and one that will provide a “significant boost” to RMT members – particularly those on lower incomes – over the next two years.
The offer comes just days after fresh strikes by tRain riders of the RMT were announced for the beginning of February alongside their colleagues from Aslef.
Currently, railway drivers from both unions Go to the pickets on February 1st and 3rd.
Strikes by rail workers have caused widespread disruption to travel across the UK, while unions remain locked in a dispute with the government over wages, jobs and working conditions.