Unit 1 unanimously ratified the tentative agreement with CSU. We are waiting for the May Trustee meeting for the contract to be signed off on. Pay letters will be sent to the controller in June. Overall, the unit receives 3% retroactive to July 1, 2017, and 3% in both 2018 and 2019.
In addition, unit members receive equity based on years of service to get them to the median of the new salary ranges by 2019. It works out to be roughly an additional 8% for most of our unit members that have more than ten years of CSU service. The equity pool of three percent was more than any other union was able to negotiate for its members. We also have 2 new classifications that will help with recruitment and retention and allow the unit to grow. In total, between 2014 and 2020, Unit 1 will realize a minimum of 19% and a maximum of close to 30%, depending on years of service. This is quite substantial considering that between 1998 and 2014 there were 12 years where the unit received no raises.