We have reached a collective bargaining agreement with the City, subject to member ratification. The duration is from (retroactively) April 18, 2021 through October 17, 2026 (5 years, 6 months total). The first four years (4/18/21 through 4/18/24) each have a 3.00% wage increase. The last year (4/18/25) has a 3.25% increase. RIPs increase whenever and at the same rate as wages. In addition, the 6, 12, 18 and 20-year RIPS will increase an additional $402 as of 4/18/23. Longevity will increase by 3.25% effective 4/18/25, and the Welfare Fund will receive an increase of $300 per year per member, allowing our Fund to continue to provide the benefits we have come to expect (which cost significantly more each year).
There’s more (details to follow), including a very similar Telework pilot program as DC 37 received. As soon as we receive the required Memorandum of Agreement from OLR, we will contact the American Arbitration Association to send you a copy of the MoA along with a ballot for a ratification vote.
Thanks as always for your patience and support. Watch your mailbox for two letters – one directly from us at CSBA explaining the above and the related process, and one from the American Arbitration Association containing the ballot for the ratification vote, which you should very promptly open and return as per their instructions!