The Philadelphia Orchestra Association and the Musicians of The Philadelphia Orchestra have come to a new agreement for a four-year contract.

The announcement was made on Tuesday, March 12 with the new agreement effective Sept. 16, 2019 and running through Sept. 10, 2020. Per a press release, the agreement was reached six months prior to the expiration of the current agreement.

Under this new contract, the Orchestra will see an increase of two positions on two separate occasions – the first of these comes in 2020-21 and the latter in 2022-23. Moreover, musician salaries will grow every year over the course of the agreement. Musicians will see a two percent raise in the first year followed by a 2.5 percent increase in year two and three. In year four, they can expect a three percent raise.

“With this pathbreaking agreement, our intention is to position The Philadelphia Orchestra for an artistically exciting and financially robust future—for all the people of Philadelphia and the many, many fans of the Orchestra across the country and around the world,” said Richard B. Worley, chairman of the Board in a press statement. “On behalf of the Board of Directors, I would like to thank all involved for their good faith negotiations and commitment to a strong and healthy institution.”