In New York, the Transport Workers Union has announced a tentative agreement with state officials on a new contract. A bitter labor dispute shut down the city’s buses and subways over three days last week. Under the tentative deal, workers would receive close to an 11% pay raise over three years. State officials have dropped demands that would have raised both the retirement age and the pension contributions of new employees. Workers would now contribute a portion of their salaries to health care, which had previously been provided without charge. The union’s 33,000 members will now vote on whether to approve the agreement.
State, Transit Union Leaders Reach Tentative Agreement
HeadlineDec 28, 2005