Originally Posted by
Windsor
While the rates are attractive, #1 Zero chance we are anywhere near those rates when this is signed. #2. MRA had better be adjusted yearly until a new contract is signed. The way the term sheet reads, we get one last raise at year 3 then that's it. MRA/Snap up yearly at a minimum.
It is yearly. The "out year" portion in the first page points that out. We get the 27 rates, then it MRAs yearly until a new CBA.