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Highlights of the Ratified Agreement

1. Health and Welfare Insurance Coverage Full time (regular or contract) unit members will share 50% of the increased cost.

2. Salary contingency language below will be triggered based on the outcome of Proposition 30, the Schools and Local Public Safety Protection Act of 2012:

Thanks to one-time fund sweeps (conference funds, sabbatical), subtracting increase in benefits already indicated in #1, actual salary reduction would be implemented as follows:

Contract/regular faculty (App.F) and adjunct academic specialist/overload paychecks (App. G.2): Nov. 30, 2012 through May 31, 2013. (Note: this brings the reduction to ROUGHLY 2.4 % over those 7 paychecks; final amount to be determined after carry-over confer- ence funds have been totaled and applied to reduction.)

Adjunct/overload (App.G.1) and Children’s Center (App.H) faculty: Jan.31- May 31, 2013. (Note: this brings the reduction to about 1.28% for the 5 paychecks during spring semester.)

3. The final component of the compensation agreement is a retirement incentive program for regular faculty. This will be offered regardless of the outcome of Prop 30 (if the agreement is approved). In order to par- ticipate in the retirement incentive program, the regular faculty member must meet STRS eligibility require- ments, retire into the STRS retirement system, have10 years or more of service credit in the District accord- ing to the provisions of Article 18.3

Find the Agreement in full here at the CCFT Website.