Nashua teacher contract ratified
The Board of Aldermen adopted the proposed three-year contract between the Nashua Board of Education and the Nashua Teachers' Union Local 1044 with little debate.
In addition to the wage increases, the agreement also limits severance pay to 40 percent of funded salaries, eliminates longevity payments for new hires and implements extra steps to prolong the amount of time it takes for a veteran teacher to reach the maximum pay level, Dowd said.
Currently, the combined base pay for the city's 1,005 teachers in the union is about $55.5 million. Now that the contract is approved, the combined base pay will jump to $56.7 million in fiscal year 2014, $58.2 million in fiscal year 2015 and nearly $60 million in fiscal year 2016.
The four-year collective bargaining agreement with the police department's UAW union will run from July 2011 to June 2015, and include a combined wage increase of 4.3 percent over the four-year period.
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