Light Plant, Union Reach 4-Year Deal on New Contract
City light plant reaches new contract deal with employees for four years with average pay raise of 1.75 percent.
Management at the city's light plant and union workers recently reached an agreement on a new contract, both sides ratifying a four-year deal that is largely retroactive. Peabody Municipal Light Plant announced the new contract will cover July 1, 2010 through June 30, 2014 and ensure workers a 1.75 percent annual pay raise on average. "This is a fair agreement for both the ratepayers and employees,” said PMLP Commission Chairman Robert Wheatley in a statement. The number is likely a lot more palatable to taxpayers than the previous contract, which included an 11 percent raise over three years and was likewise retroactive. It took both sides approximately 1-1/2 years to reach the latest deal. By way of comparison, talks on the previous …
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