FORT WORTH (WBAP 24/7 News) - City Council members are set Tuesday to approve a four-year contract covering 1,525 police officers that gives pay raises but retains control over Fort Worth's underfunded pension plan.
Council members say they believe the contract, ratified by 83 percent of Fort Worth Police Officers Association members voting. is fair and modest and won't have a significant impact on the general fund budget, which faces a $50 million shortfall going into 2014.
The new agreement includes pay raises of 1 percent for 2013-14, which kicks in Oct. 1, 2 percent for 2014-15; 1 percent at the beginning of the 2015-16 budget year and 2 percent in the middle of that period.
The contract will run through 2016.
(Copyright 2013 WBAP 24/7 News. All Rights Reserved.)