Many of you are asking now what? Or when?
We as the Local voted to ratify the contract.
The employees in the pension plan, current and retired, voted to ratify the pension changes.
Today the Commission will vote to accept the contract.
Everything becomes all official-like on tomorrow. Technically it becomes official as soon as the Commission votes to approve, but all the signatures and stuff that have to be done make it effectively tomorrow.
The wage restoration will take effect the first full pay period after today.
The retroactive pay will take a bit of time for the payroll team to figure out so that will come a bit later. We’re still not sure if it will be a separate check, or included on an upcoming paycheck. As we get more information we will share here.