Colorado Symphony agrees to pay cuts
DENVER, Colorado – The musicians of the Colorado Symphony Orchestra have agreed to 12.5 percent pay cuts and up to a month of unpaid time off to save about $1 million.
The contract agreement announced Tuesday by the Colorado Symphony Association includes suspension of the association’s contributions to the musicians’ retirement fund. The agreement is expected to keep the symphony playing through the 2010 summer season with no cuts to the schedule.
Contract negotiations began early this summer and have finished just as the symphony’s new season is starting.
Information from: The Denver Post, http://www.denverpost.com