By Matt Artz
Wednesday, August 25th, 2010 at 4:05 pm in Uncategorized.
Union City just sent out a press release announcing that virtually all non-sworn, civilian employees (not the cops) have agreed to a 4.5 percent reduction in pay, most of which will come thorugh unpaid furlough days.
The city has also agreed with its non-sworn unions to lower pension benefits for future workers. The new system will be “2 percent at 60,” which means if you work there for 35 years and retire at 60, you’d get a pension equal to (2 times 35 years equaling 70 percent of your final salary). Again, this will only apply to future workers. I guess you can’t roll back pension benefits under California law.
The press release doesn’t mention the Police Department. Union City police officers don’t contribute to their pensions.