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For the first time since the Philadelphia Federation of Teachers and the city school system began collective bargaining more than 20 years ago, the two parties have reached a settlement on a new contract before the terms of the old one expire.

Under the tentative, four-year pact announced April 24, teachers next February will receive a $900 increase in their base salary plus a 4 percent raise. They will receive another 4 percent boost the next year, followed by 5 percent in the third year and 6 percent in the final year of the contract, according to Marvin E. Schuman, president of the union.

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