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Monday, November 9, 2009

Monday -- Finally, SEPTA Strike Over

It's official. SEPTA is heading back to work.

But the strike didn't stop Eagles fans from getting to the game yesterday.

John  Baer explains why the upcoming governor's race will be a "political twighlight zone."

Three killed in weekend violence.

A former managing director questions how Mayor Nutter is doing in an op-ed.
Posted by Catherine Lucey @ 7:15 AM  Permalink | 1 comment
Comments   
  • 0 like this / 0 don't   •   Posted 9:11 AM, 11/09/2009
    This is a pro-management contract that is being signed. (1) The pay freeze in the first year is crucial. I'm surprised that the union agreed to it. By having a pay freeze, there is no compounding for future years. For example, in year 2, the 2.5% increase is coming off a salary that will have been TWO AND A HALF years old (last year of prior contract, plus 1/2 year no-contract, plus 1 year of pay freeze in new contract). A true pay freeze is the "gift that keeps on giving" for management, due to this compounding factor. (2) But what about the $1250 initial payment? It doesn't cost SEPTA anything. They made this $1250 per person in saved labor costs over the past week. And it is much, much more preferable to having a real pay increase, due to compounding. (3) Pension contributions will go up from 2% to 3%. (4) The wage increases in years 2, 3, 4, and 5 are from 2.5 to 3 percent. This barely covers inflation. These are not "real" increases in wages. All in all, a great contract for management.
    — chrissmith


1 comments
About The Philly Clout Team
PhillyClout
Chris Brennan, a native Philadelphian and graduate of Temple University, joined the Daily News in 1999. He has written about SEPTA, the Philadelphia School District, the legalization of casino gambling, state government, the mayor, the governor, City Council and political campaigns.
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David Gambacorta spent a small eternity writing about cops, drug dealers and serial killers. Now he’s writing about power and politics ­– which sometimes reminds him of the old crime beat. He joined the Daily News in 2005. And yes, he knows you’re not quite sure how to pronounce his last name. E-mail tips to gambacd@phillynews.com
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Catherine Lucey joined the Daily News in 2002 and has written about murderous drug gangs, political protesters and Harry Potter. After covering the 2007 mayoral election, she moved over to the City Hall bureau where she has been reporting on the Nutter administration.
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Jan Ransom, a native New Yorker, joined the Daily News in 2010 after graduating from Howard University. She has since written about the difficulty of filing police complaints, tax deadbeats and life after violent home invasions. She joined the Daily News City Hall Bureau in 2011 and has plunged headfirst into reporting on administration budget battles and City Council shenanigans.
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Share your tips

Catherine Lucey
luceyc@phillynews.com

Chris Brennan
brennac@phillynews.com

Jan Ransom
Ransomj@phillynews.com
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