Most DC 37 members covered by the new economic agreement should receive the first 3 percent pay increase and corresponding retroactive pay at the end of July and early August.

Mayoral agencies and the Health and Hospital Corp. anticipate including the 3 percent increase in paychecks on July 30. City and HHC employees will also receive their retroactive pay July 30.

The three-year pact (July 1, 2002 - June 30, 2005) includes a $1,000 signing bonus, a 3 percent raise retroactive to July 1, 2003, a 2 percent raise effective July 1, 2004. There is also a provision for a possible 1 percent extra increase if a union-city committee can identify productivity and other savings.

In June, most covered workers received the $1,000 bonus, which was pro-rated for part-time employees. HHC part-time workers will get the bonus July 9.

The city will also adjust “additions to gross,” which include such extra pay as longevities, differentials and uniform allowances, on July 30. HHC will make those changes on Aug. 13.

The Off-Track Betting Corp. expects to include the 3 percent increase and retroactive pay in paychecks in late July or early Aug. New York City Transit plans to add the 3 percent pay on July 26 and provide the retroactive pay on Aug. 12.

The union is pressing for the 2 percent pay increase — along with the corresponding retroactive pay — to be paid as soon as possible. The union’s bargaining units must agree to exclude economic issues from their working condition contracts in order for unit members to receive the 2 percent hike.