On Tuesday of this week, we presented the City of Philadelphia a response to their proposal to the Union concerning the pension plan. We have another negotiation meeting scheduled with the City on December 29th. We will be available for negotiations throughout the holidays. We continue to work to resolve our pension differences with the City.
In addition, our Health & Welfare subcommittee has been meeting and making some progress.
I believe that our economic package concerns probably will not be resolved until some agreement is reached regarding pensions.
Also, the City has changed lawyers and asked for a contract extension until February 15th.