Local 1245 members at City of Shasta Lake on March 31 ratified a two-year extension to the current agreement. The vote was unanimous.
The City had desired to get IBEW to contribute towards the employee share of Cal-PERS (8% for their 3% @ 60 Plan). The Teamster-represented Water Treatment and Distribution members at Shasta Lake (formerly IBEW 1245 members) currently pay 4% of the employee share of Cal-PERS.
While the ratified two-year agreement for Local 1245 members at Shasta Lake does not include a general wage increase, there is no contribution to Cal-PERS nor any other concessions, noted Senior Business Rep. Ray Thomas.
The Sub Station Electrician Apprentice will continue to achieve 2.5% steps each 6-months of the new term.
The two-year agreement also institutes Cal-PERS vesting which will protect the incumbent employees by requiring that new employees serve a minimum of 10 years of state service (GCS 20069) before being eligible for retiree health care from Shasta Lake.
The incumbent employees may also elect to move into the vesting pool and make their Shasta Lake retiree health care benefits portable in the event they move to another employer without retiring from Shasta Lake.