Good afternoon everyone,
Please see the message below from President Wayne Spence.:
Today the PEF contract team and the GOER bargaining team reached tentative agreement on a three year contract from April 2016 to April 2019.
The contract provides for three compounded wage increases of 2% per year, retroactive to April 2, 2016.
Of critical importance is the fact that the contract includes no healthcare concessions and no negotiated changes in healthcare benefits or costs. The contract provides no increases in member co-pays, deductibles and no other increases in out of pocket costs to members for the full three year term of the contract. PEF and the state also agreed to immediately meet to work together to find innovative and effective ways to deal with spiraling health care and prescription drug costs in the future. The agreement also includes no changes in workers compensation benefits.
Statements will be released later today by both the Governor’s office and PEF.
You will receive further details about the tentative agreement before the next Executive Board meeting scheduled for November 16th and November 17th.
I know you will join me in thanking the members of PEF’s contract team who have worked hard and tirelessly over the past two years on this contract. While negotiations have been ongoing for the past two years, intensive round the clock negotiations began Monday morning and concluded at noon today with the execution of the tentative agreement by the chief negotiators. The contract team unanimously approved and recommends the tentative agreement for your approval and ratification by PEF’s membership. I am proud to have been a part of this process and look forward to the ratification of this three year contract.