As you are all aware, in accordance with our last successor agreement to the CBA, the Executive Board and Labor Relations had entered into negotiations to address several pension changes proposed by the Association. We are happy to announce those negotiations have come to a conclusion and an agreement has been reached between us and The Authority. Attached is the Memorandum Of Understanding that will outline those agreed upon changes, as well as a “Before and After Pension Increase” which reflects the changes in financial terms.

The Executive Board was also able to negotiate a successor agreement to our Collective Bargaining Agreement. As you know our last agreement expired on July 1, 2023. We have come to terms with the Authority for a successor agreement, which will keep the Association under contract until June 30, 2027. Attached in this email will be a copy of that agreement which outlines the changes, as well as several wage charts which will also translate those changes for you into financial terms explaining the changes in cash compensation. 

The Executive Board will be holding a meeting of the membership to discuss and vote on the ratification of the new agreement. The meeting will be held in the COMPSTAT Room (1st floor) of the Headquarters building located at 240 Southampton Street on Thursday Nov 2, 2023. As we did last time, there will be two meetings held, the first at 8:00am and the second at 4:00pm, in an attempt to let as many members as possible attend. We encourage all members to attend the meeting and participate in the vote. In the meantime, if any members have questions or concerns, please reach out to an Executive Board member. We look forward to seeing you all at the meeting.

Fraternally,

The Executive Board