The board voted Friday to approve a tentative proposal to avert privatization for two years in exchange for wage and benefits concessions.
The pact now goes to the unions for a ratification vote.
If they don't agree, the board will call a special meeting next week to award a toll collection contract to a private vendor. If that happens, 800 full- and part-time jobs on the turnpike and Garden State Parkway would be eliminated.
Senior toll collectors who earn $65,000 a year would see their salaries drop by $8,000 the first year and by $7,500 the second year. They'll also give up 3 paid holidays a year.