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Retroactive Salary Increases

Sunday, October 17, 2010

It's one of those long involved tales - basically, our union (AFT) negotiated salary increases with the gov't back in the late 80s, the contract was agreed upon, the governor didn't sign because there wasn't money to pay us. The issue went to court, the court ordered the gov't to pay.

Now, 20-something years later, a commission was formed to create spreadsheets figuring out how much each person involved should be paid, based on the agreed upon salary schedules. This isn't just the teachers' union, it's many of the gov't employees. In fact, possibly most of the gov't employees.

At any rate, I'm owed what amounts to one and a half times my former salary (at the end of the period we received partial increases) - yes, I am owed 150% of what I earned about 10 years ago.

The government just paid us 16.7% of that amount. Several thousand dollars. In one pop. That's after taxes and retirement are taken out.

So I think DH and I should take a winter vacation, and just relax. We're downsizing our lives, we're looking at smaller and cheaper apartments, we're living on one salary plus retirement. And while it would probably make sense to hold onto the money, well, we both have reasonable savings accounts to fall back on.

So this is found money. A bonus. I think a vacation is in order. Malta? Machu Picchu? Barcelona? Hmmmmmmmmmmm.
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Member Comments About This Blog Post
    Hmmmmmm, Malta looks great - except the trip back will be about 36 hours due to an overnight in Boston. Hmmmmmm, maybe southern Spain...........

    And YES, we need to do something fun! DH booked a lovely cruise for my birthday, and I spent half of it sick in our cabin with dengue - and in San Juan (where we stayed 3 or 4 days) all I could do was go to the hospital, go home. So we totally need a fun vacation together!
    2198 days ago
    This is FABULOUS for both of you: just what you needed when you needed it!
    2198 days ago
    That is AWESOME! You know my vote -- MALTA but I haven't been to Macchu and would love to go.
    2199 days ago
    Swweettt do something nice for yourself...
    2200 days ago
    Awesome! Definitely use it to go on vacation!!! Sounds like a lot of good things are happening :)
    2200 days ago
    Wow! That's fantastic.
    2200 days ago
    2200 days ago
    Yup, that's why I figure we deserve a vacation. PLUS someone at bkfst said he has a 2 bdrm house that will be up for rent come Dec 1 - and he said he'd lower the rent to what we're looking for. So things are looking up!
    2200 days ago
  • SAPNA.
    Wow, amazing brilliant! What a difference from the doom and gloom of the last few weeks. I am thrilled for you both. Enjoy your holiday.
    2200 days ago
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