DETAILS OF A DEAL
The new contract for the Matawan Regional Teachers Association:
Runs through the 2006-07 school year
Provides a 4 percent salary increase for 2004-05, 4.3 percent in 2005-06, and 4.6 percent in 2006-07
Changes teachers', bus drivers' and custodians' insurance carrier from Horizon BlueCross BlueShield to Oxford Health Plans
Phases out one-month "terminal leave'' payment for staffers retiring after at least 10 years of service
Offers no increase in extracurricular activity stipends for 2004-05, a 2 percent increase in 2005-06 and a 2 percent increase in 2006-07
Increases tuition reimbursement from $1,000 to $1,250 a year
Source: Matawan-Aberdeen Regional Business Administrator and Board Secretary Laura Venter
The new contract for the Matawan Regional Teachers Association:
Runs through the 2006-07 school year
Provides a 4 percent salary increase for 2004-05, 4.3 percent in 2005-06, and 4.6 percent in 2006-07
Changes teachers', bus drivers' and custodians' insurance carrier from Horizon BlueCross BlueShield to Oxford Health Plans
Phases out one-month "terminal leave'' payment for staffers retiring after at least 10 years of service
Offers no increase in extracurricular activity stipends for 2004-05, a 2 percent increase in 2005-06 and a 2 percent increase in 2006-07
Increases tuition reimbursement from $1,000 to $1,250 a year
Source: Matawan-Aberdeen Regional Business Administrator and Board Secretary Laura Venter
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