The Burbank Management Assn. this week became the latest group of city employees to forgo bonuses and contribute to their pensions.
The City Council on Tuesday approved the new contract, which runs through June 2012 and will require managers to start paying 1% of the city’s 8% share of their contribution to the California Public Employees’ Retirement System. New hires will pay 4% of the contribution.
Eventually, the city’s goal is to have all city manager cover half the cost.
Calling the negotiations a “give and take,” Councilman Gary Bric thanked the union “for stepping up and accepting some of the concessions we asked for.”