A new five-year agreement between the NCUA and the National TreasuryEmployees Union could have far-reaching consequences on theNCUA's operating budget.
In a confidential NCUA document obtained by CUTimes, the collective bargaining agreement between the NCUAand the NTEU spelled out a list of negotiating terms that includedreimbursement for all employees for the cost of professionallicenses required as part of their position, larger relocation sumsfor employees moving to Washington, continued reimbursement forlodging for family members during relocation travel and an increasein pay raises.
The NTEU represents approximately 950 of nearly 1,250 employeesat the NCUA.
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