This summer is unique in that it’s one of those odd years when a large percentage of orchestras across the country are negotiating new contracts simultaneously. For the small portion of orchestras that aren’t negotiating, it’s a nice time to focus on matters at hand and look forward to the upcoming season…
Pension Plans And Negotiations Part 1
Among the many issues related to contract negotiations, one of the leading subjects is retirement benefits and pension plans in particular. This negotiation season is no different, but pension plans seem to be more of a hot button issue. The reasons are related to the ability of orchestra associations to adequately fund their pension plans as required by their contract with the musicians and Federal regulations. Take the current negotiation underway …