As you know, we reached agreement on the 1.5% provided for in
the Arbitration Award. The Office of Labor Relations has informed
us of the following payment schedule:
February 28, 2003: payment of the 1.5% increase, whether
in the form of longevity (year 6 and beyond) or salary increases
before basic maximum (years 1-5), along with retroactive monies
associated with the 1.5% and recomputed overtime, dating back
to July 31, 2002.
March 14, 2003: payment of all associated increases in
night shift differential and accompanying retroactive monies and
re-computed overtime (dating back to August 1, 2000).
Fraternally,
Patrick J. Lynch
President