1 Local 1033 – Tentative Agreement July 1, 2010 through June 30, 2012 Presentation for Providence School Board April 12, 2010.

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Presentation transcript:

1 Local 1033 – Tentative Agreement July 1, 2010 through June 30, 2012 Presentation for Providence School Board April 12, 2010

Overview of Agreement Agreement extends the contract period to June 30, 2012 from June 30, 2011, which is the same contract period for the City employees represented by Local 1033 Four separate contracts: Bus Monitors, BEST, Teacher Assistants and Crossing Guards 2.0% across-the-board salary increase scheduled for July 1, 2010 is postponed to July 1, 2011 An additional 1.0% across-the-board salary increase is scheduled for January 1, 2011 District’s contribution to the Union Tuition Reimbursement Program is waived for the period July 1, 2010 to June 30,

Fiscal Summary 3 Local 1033 Tentative Agreements (July 1, June 30, 2012) (Teacher Assistants, BEST, Bus Monitors & Crossing Guards) FY2011FY2012 Salary & Benefits: Postponement of July 1, % Increase to July, 1, 2011($558,993) 2.0% Salary Increase (effective - July 1, 2010)$558, % Across-the-board salary increase (effective January 1, 2012)$147,348 Healthcare Co-shares: Postponement of Co-share Increases from July 1, 2010 to July 1, 2011$40,400 Individual Plan: $900 annual cap from $740 annual cap Family Plan: $1,900 annual cap from $1,640 annual cap($40,400) Other: Union Tuition Reimbursement($12,500) Net Annual (Savings )/Cost($531,093)$665,941 Net 2-year Cost of Agreements$134,848