In today's Tribune there is an article concerning the expiration of most city employee contracts.
June 30, 2007 is fast approaching!
City has no incentive to renegotiate in a timely manner. Retro is paid with no interest.
The city will be looking for us to take on more of the health insurance cost. During the last set of negotiations FOP was able to show that the cities actual cost for medical claims actually decreased from one year to another.
The city will probably be looking to change our pension with a two tier system. In essence new hires would have drastically different benefits then existing members.
The over/under for contract settlememnt is 24 months.
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