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The California State University Board of Trustees ratified the tentative agreement reached in collaboration with the California Faculty Association on May 24.

The agreement is set to be in effect until 2018, at that point they will reach new contract negotiations.

The agreement covers nearly 26,000 faculty members, librarians, coaches and counselors of the 23 CSU campuses.

“I am pleased the Trustees ratified this agreement. Investing in our faculty is an investment in our students’ learning and discovery environment, enabling student achievement and degree completion,” said CSU Chancellor Timothy White is a press release.

In addition to the general salary increases, which are set to raise faculty salaries by 10.5 percent over the next three years, the agreement also included to double the vesting period for retiree health benefits for faculty hires after July 1, 2017, from 5 to 10 years.

Also included in the agreement was the minimum raise for those with tenure track promotions, under the new agreement those faculty members would receive a minimum 9 percent increase instead of the current 7.5 percent.

Back in April, 97 percent of the voting CFA membership approved the tentative agreement reached by the CFA and CSU.

Following the CFA’s vote, the tentative agreement moved on the to CSU Board of Trustees to approve the agreement and put this year-long matter to rest, and on May 24 they did.

As per the agreement, faculty unit employees will receive a 5 percent general salary increase on June 30, a 2 percent general salary increase on July 1, and a 3.5 percent general salary increase on July 1, 2017. The agreement also includes a 2.65 percent service salary increase for all eligible faculty employees in the fiscal year 2017-18, read the CSU press release.