ALBANY, NY (10/19/2016)(readMedia)-- The New York State Public Employees Federation (PEF) announced today that a tentative agreement has been reached with the state of New York on a three year contract from April 2016 to April 2019.
The contract provides for three compounded wage increases of 2 percent 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. Both the State and PEF agree to work together on a plan to reduce out of control health care costs.
PEF President Wayne Spence said, "On behalf of PEF's 54,000 members, I would like to thank the Governor, members of his executive staff and the Governor's Office of Employee Relations (GOER) bargaining professionals for their hard work and cooperation in connection with this agreement. Most importantly, I want to thank the members of PEF's contract team who have worked hard and tirelessly over the past two years on this contract, which the contract team unanimously approved and recommend for approval by the PEF Executive Board and for 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."