For five years, thousands of union members from District Council 47 have gone without a new contract. For the next three years, that won't be the case. On Tuesday, Feb. 25, Mayor Michael Nutter signed a contract with the union that will cost the city an estimated $122 million over the next five years.

DC 47 is a Philadelphia union with members across non-profit, higher education and government sectors throughout the area. The union's new contract includes bonuses, annual raises and yearly pension increases as well as changes to overtime, health and layoff conditions.

Each of the 3,500 city employees of DC 47 will receive $2,000 bonuses to make up for five years of no pay raise, and an average of 3 percent increases in wage each summer. The city has also agreed to contribute each month until the end of this year $1,100 per member as well as a one-time $5 million contribution to the health fund.

The pension agreement is set to begin next January, and will increase contributions by 0.5 percent in 2015 and again in 2016. The new overtime conditions starting in July will based overtime rates on pay range.