Principals’ contract back to aldermen

September 25, 2004

NH Business Review Staff,

NASHUA – School principals in the city could earn a 12.2 percent pay increase over three years in a contract approved by the Board of Education.

This is the second effort to approve a contract for the Nashua Association of School Principals.

The Board of Aldermen defeated the first contract after members objected to a new tax shelter annuity benefit. It would have been a first in city contracts, and aldermen did not want to open the door to other unions asking for the program.

The proposed contract includes raises of 4.35, 3.82, and 4.06 percent during the life of the contract.

Alderman-at-Large Steve Bolton sponsored the resolution for the new contract, which will be considered by the Budget Review Committee on Monday.

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