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SEPTA STRIKE ENDS

The mass transit system in Philadelphia is rolling again!

According to the Philadelphia Inquirer, SEPTA and Transit Workers Union Local 234 came to a tentative contract agreement early this morning, ending the week-long strike that shut down Philadelphia city buses, trolleys and the Broad Street and Market/Frankford Subway lines.

Union and SEPTA officials announced the deal at 12:45 a.m. this morning at a news conference outside the Center City office of Governor Ed Rendell, the Inquirer reported. The first buses began rolling again around 4 a.m.

According to the Inquirer:

The five-year contract also calls for a 2.5 percent raise in the second year, and a 3 percent raise in each of the final three years. It increases workers’ contributions to the pension fund from the current 2 percent to 3 percent, and increases the maximum pension to $30,000 a year from the current $27,000 a year.

The deal will reportedly be formally voted on by union members within the next two weeks.

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