There has been much disputation of salary figures during the short strike by Chicago Symphony Orchestra musicians.
Here’s what was agreed in the settlement:
Under the terms of the newly ratified agreement, CSO musicians will receive a 4.5% increase in salary over the three years of the contract, with weekly base minimum salaries of $2,805, $2,840 and $2,910 each year, respectively.
The restructured healthcare plan design includes an increase in cost sharing through member contributions over the life of the contract.
The defined benefit pension plan remains unchanged, offering approximately a $75,000 annual pension.
No player in the orchestra will earn less than $145,860 a year. That will now become a benchmark for the rest of America’s Big Five.