Eric Adams, NYC teachers’ union agree on whopping $6.4B contract

[Kamaji]

Eric Adams, NYC teachers’ union agree on whopping $6.4B contract

By Bernadette Hogan
June 13, 2023

Mayor Eric Adams and the city’s powerful teachers union agreed on a $6.4 billion deal, packed with pay hikes and signing bonuses for teachers.

The tentative, five-year agreement with the UFT and its 120,000 City Department of Education workers includes a retroactive wage increase back to Sept. 2022.

Teachers are set to receive a 3% pay hike for the first three years through 2025, then 3.25% and 3.50% in the fourth and fifth years.

The deal also includes a $3,000 signing bonus for new teachers and a retention bonus to be handed out annually in May — starting at $400 per member in 2024, $700 in 2025, and $1,000 every year afterward, according to the agreement terms.

“It’s a great deal for workers and as I said, it’s fair for city taxpayers,” Adams said at a City Hall-based press conference Tuesday, flanked by DOE Chancellor David Banks and UFT president Michael Mulgrew.

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Source:  https://nypost.com/2023/06/13/eric-adams-nyc-teachers-union-agree-on-6-4b-contract/

[Kamaji]

Once again, nobody is there advocating for the interests of the taxpayer.

[Wingnut]

The Union just collected their due.

[Fishrrman]

Kamaji observes:
"Once again, nobody is there advocating for the interests of the taxpayer."

It's New York City.
Mr. Bookbinder explains:

https://www.youtube.com/watch?v=7TrRIJxJ3VU

[PeteS in CA]

The union-beast is fed but not sated.

[Kamaji]

The union-beast is fed but not sated.

It's never sated.