During the latest contract negotiations, Local 2432 and the City negotiated many new benefits for part-time employees. One of those benefits entailed the City contributing $1,000 on behalf of each eligible part-time employee to a 457 Plan. Unfortunately, given the length of negotiations, some eligible employees, whose anniversaries fell between October 1, 2013 and the ratification date of the current contract (plus the 60 day waiting period), will miss out on receiving that $1,000 contribution until their next anniversary date.
This M.O.U. corrects that unintended result by changing the effective date for those regularly scheduled part-time employees (as defined in Section 2 and Section 3 of Article 52) employed as a regularly scheduled part-time employee on the ratification date of this M.O.U., so that the City shall make the new $1,000 contribution to the 457 Deferred-Comp Plan of those regularly scheduled part-time employees who had an anniversary date that occurred on or after October 1, 2013, through May 4, 2014, within thirty (30) days of the ratification date of this M.O.U. which you are voting on.
This change requires a ratification vote from the members.
Voting begins Tuesday, July 8, at 7:30 am and goes until 5:30 pm at the Union Hall. This a secret ballot vote and the ballots will be counted immediately after the closing of the vote.