New B&O agreement as of Feb 1st 2011

I'm looking for someone to shed some light on the new B&O agreement that came into effect Feb 1st of this year. More specifically the part about anyone hired prior to Feb 1st will start out at 100% pay instead of 85% and 5% per year. Did i read that correctly? The reason why I am asking is because I started at the redi on 17 Jan. Have a great day.

James

Please refer to the employment forum for employment related questions---thank you!

http://www.railroad.net/forums/viewforum.php?f=2

Charlie