Well the details have emerged about the tentative agreement. I haven’t found the time to digest this information, so I will withhold my opinion for now.
How about you? Was enough done to change your no vote to a yes? The agreement is listed below if you haven’t had a chance to review it.
Post your comments below…
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I didn’t see anything about co-pays but it looks like they are eluded to in the 2nd example as increasing to $25 the first year. I’m also curious, how does one calculate 12.55% from 3.0% + 3.0% + 3.0% + 3.0%? This does not look much different from the last agreement which would explain why they thought they could hammer it out within 2 days… Meanwhile, by extending our current contract, we lose more back-pay from our “raises”. Has anyone run the numbers to see if we break even from the health care increases and our “raises” (which, by the way, don’t cover cost-of-living anymore)?
Paul,
I believe the total of 12.55 comes from compounding the raise each of the four years. For Example: if you make $1,000 a week and you get a 3% raise, you will be making 1,030 a week. But the next year you get another 3% raise, you then are making about 1,061 per week, so your overall raise is 6.1%. Compound that another two times and you should be close to the total raise they are giving
Thanks for the clarification…