The Board of Mayor and Burgesses unanimously approved a contract Tuesday that gives police officers raises of 2 percent, 2.5 percent and 3 percent over the next three years.
Mayor Bob Mezzo said he believes the contract is fair for both sides as the police union agreed to cost-saving concessions in health insurance and structural changes to retiree health care, which will save the borough money in the long term.
The contract will cost the borough an additional $69,218 in the first year, $138,678 in year two and $248,009 in year three for a total of $455,906 over the life of the pact, according to a fiscal analysis provided by Controller Wayne McAllister. A copy of that document is attached to this article as a PDF, as is a full copy of the new contract.
On the low end of the scale, a police officer starting on step one would earn a base salary of $58,150 in 2012-13, which would go to $61,392 by 2014-15, the final year of the pact. A person in the union’s highest rank – a captain – would earn $89,890 in 2012-13, which would jump to $94,901 by 2014-15.
For more information, Mezzo has posted a breakdown of the contract on his blog here.