Monday, November 9, 2009

SEPTA STRIKE ENDS-details provided by punkrawker

a minor change in the National Healthcare language and agreed to pay for three years of dental coverage.
Other details in the proposed contract included:
-a $1,250 signing bonus with a five-year contract
-a 11.5 percent wage hike over five years
-a 2.5 percent raise in Year 2 and a 3 percent raise in each of the following three years; no increase in the first year
-a gradual increase in employee contribution to their pension fund from 1.5 percent to 3 percent
-no change in employee contributions to the medical plan
chad: I put the link in the Septa Strike Ends blog entry

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