As predicted, the money is similar to the DC37 pact with a 7.1% increase for 24 months with a 2% raise on October 13, 2007 and a 5% raise on May 19, 2008. Notice most of the money is back loaded! Of course we all will receive a $750 bonus in January of 2007. Nice money, almost meets the cost of inflation (9-10%) for the same 2-year period and yes I will probably vote for it. However, I am very concerned about how much the MLC agrees to give the city for health care. 1%, 1.5% (TWU), 2%? You don't have to be a math whiz to figure out the amount the MLC agrees to giveback to the city will reduce our raise from 7.1 to as little as 5.1%!
In voting for this contract, I am uneasy about the ATR buyout. What stops a principal giving an ATR two consecutive "U" ratings and then recommends that the ATR take the buyout or else?
I would like to hear from somebody that understands this problem and whether the union has thought this out?
Nice contract, but there are some questions.
UFT ENDORSEMENT APPEARS TO FALL SHORT FOR KATZ
5 hours ago