- Associated Press - Friday, June 5, 2015

WASHINGTON (AP) - The Washington Post and the union representing the newspaper’s journalists have reached a tentative deal on a new two-year contract.

The Washington-Baltimore News Guild announced Wednesday that the contract includes the largest pay raises at the newspaper in a decade: a 2.5 percent increase in the first year and a 2 percent bump in the second. It also includes a signing bonus of $500 for full-time employees and $350 for part-timers.

But the deal also freezes the company pension plan, effective Aug. 31.

The guild represents about 860 employees, including newsroom, advertising and circulation workers.

Bargaining has been ongoing over the past eight months. A ratification vote is scheduled for June 10.

Post spokeswoman Kris Coratti declined to comment Friday.

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