The Correction Officers' Benevolent Association has altered the terms of a tentative contract that union members rejected in late March, adding $3,450,000 above what was originally to be placed in its fund that covers health-and-welfare benefits including prescription drugs, while offsetting most of the cost to the city by relinquishing a $3-million education fund it negotiated earlier this year.
As part of the revised contract, which will need to be approved first by union delegates and later by COBA's rank and file, President Elias Husamudeen also gave up a planned $104 increase in members' annuity funds to allow the second raise under a three-year contract to take effect retroactive to March 1, without the originally scheduled three-month delay.
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