By Ray Thomas
Local 1245 reached an agreement with South Feather Water and Power to extend the term of this agreement to April 1, 2011 in order that there is ample time to receive the actuarial from Cal-PERS regarding the District’s costs to purchase all employee years of service in the 3% @ 60 plan we’re in. This is our only proposal for 2010.
Along with Shop Stewards John Shipman and Rick McCullough, I commenced negotiations with SFWP on Sept. 23. We proposed that the District purchase all employee years of service within the Cal-PERS 3% @ 60 plan we negotiated three years ago. The District responded on Sept. 28 that the Board’s Personnel panel approved the General Manager to request a Cal-PERS actuarial to determine the cost of purchasing prior years of service.
The current extension to April 20111 follows an earlier two month extension for the same purpose.
Ray Thomas is IBEW Local 1245 Senior Business Representative