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CSEA and Binghamton Agree on 5 Year Contract
9/4/2012 (Updated 11:10:07 PM)
That seems to be the assessment of Mayor Matt Ryan, concerning the ratification of the five-year contract with the Civil Service Employees Association.
The contract slightly increases the amount of money which union workers put towards their health insurance.
It also provides annual raises for union members of around two percent.
"Longer term contracts bring a full picture to our finances. These are modest raises that the union has said that they understand the plight the cities and towns all over the state are in," said Binghamton Mayor, Matt Ryan.
The CSEA local has 78 members. The city also plans to save money in the 2013 budget by offering a retirement incentive.
It would provide a twelve thousand five hundred dollar credit towards health insurance.
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