By City News Service
An agreement has been reached between the city and the union representing workers at the Department of Water and Power, Mayor Eric Garcetti announced Wednesday.
Garcetti said he was pleased "we reached an agreement that pushes forward with DWP reform."
Further details will be announced at a news conference Thursday morning, Garcetti said.
In a private memo to the City Council, dated Tuesday, City Administrative Officer Miguel Santana laid out revised terms of a "tentative agreement with" the International Brotherhood of Electrical Workers, Local 18's chief negotiator" that includes locking down the 2016 cost-of-living raise at 2 percent, which would be tied to the projected August 2013-level of inflation.
This would prevent any cost-of-living raises to jump higher if the inflation rate increases four years from now. This could save the city another $10 million over the next four years, according to Santana.
Other revised terms include reducing the entry-level salaries for 34 positions common between DWP and the city, instead of the 28 that were previously proposed, saving an added $5.4 million on top of $10.7 million.