The California State University Board of Trustees voted today (May 24) to ratify a multiyear collective bargaining agreement with the California Faculty Association. Under the agreement, all faculty unit employees will receive 10.5 percent in general salary increases over a three-year period: 5 percent on June 30, 2 percent on July 1 and a 3.5 percent general salary increase July 1, 2017.
In addition to addressing general salary and service salary increases, the agreement doubles the vesting period for retiree health benefits for new faculty members hired after July 1, 2017, from five to 10 years, and increases the minimum raise associated with tenure-track promotions.
The ratification of the CFA agreement also triggers the implementation of new Memorandum of Understanding agreements with the California State University Employees Union and the Academic Professionals of California. Continue reading.