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Monday, December 05, 2016

SEIU Releases Settlement Framework

...and now for the rest of the story

No pay increase for 2016-17
No withholding of extra money for retiree medical on January 1, 2017

Where is the State offered 12 percent and the Union wanted 22?

9.2 percent net increase over 4 years and $2,500 signing bonus!

This type of pay increase is more inline with reality but these are hardly the numbers used previously by the media or union.

What is the signing bonus? I’ve heard of incentive pay but this, who knows?

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Link: SEIU Tentative Agreement Overview

Notes
The OPEB is the extra money withheld for retiree medical.
Fiscal year is July 1 to June 30

Posted by william on 12/05 at 10:48 AM
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