OMAHA (KPTM) - It's been five years since the Omaha City Council and the Omaha Fire Department management team have been able to compromise on a contract.
The council announced a new deal Friday evening.
The new contract gives management a 2.5% pay increase for this year. The team has been working under wages and benefits set in 2007. Pay increases are also set for 1.75% in 2013, and 2.9% in 2014. The team will also
Fire management will also move to the city employee health insurance plan. For the first time, they will make contributions to their health plan. The council release says they will contribute 7%.
The agreement also includes changes to pension and retirement. Team members will contribute an additional 1.78% to their pension in two increments this year and 2014.
The agreement raises the retirement age of new hires from 45-50. However, anyone who takes retirement before 55 will pay penalties of 7% per year.