ANCHORAGE (AP) -- Anchorage teachers voted overwhelmingly Thursday to approve a new contract with the school district.
More than 82 percent of those voting favored the three-year pact, which includes first-year raises of $3,200 each.
The contract will cost the Anchorage School District about $13 million the first year, an additional $8 million the second year and $5 million more the third year.
It gives teachers raises of about $3,200 the first year, including bonuses that the union controls. Union officials said earlier that the bonuses would be used to ensure that everyone received identical pay increases the first year.
Another major provision makes $10,000 retirement incentives available to 200 teachers.
The district will boost its contributions for health insurance premiums to $427.50 monthly per teacher, up from $380, and go to $475 each in year two. The issue is open to negotiation for year three.
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