Following Wednesday morning's meeting between Ran Erez, head of the Secondary School Teachers' Organization, Finance Minister Ronnie Bar-On and Education Minister Yuli Tamir, the SSTO has stated that there is nothing new about Bar-On's offer, Israel Radio reported. Erez had earlier said that his organization would weigh Bar-On's proposition. The offer includes the signing of a collective wage agreement, an additional 5 percent to teachers' wages over the course of the next 5 years and the promise of reform in the education system in the coming months. Teachers have demanded an immediate 15% raise in wages in exchange for a postponement of the reform process and additional duties. Israel Radio reported that government and SSTO representatives may meet again Wednesday night.