Saturday, February 14, 2015
Breaking News - Our Union Sells Out Their Active Members Yet Again!
The ICEUFT blog broke the news that the UFT leadership has quietly agreed with the arbitrator on how to give the retirees their retroactive raises, immediately, which is good but unfortunately, the active members will foot the bill.
To pay for the $60 million dollar shortfall, because the union and City didn't anticipate the large amount of retirements, the contract will be extended an additional month, until November 30th, 2018 instead of October 31, 2018. Moreover, the final raise of 3% will be delayed six weeks, from May 1, 2018 to June 16, 2018. This will reduce the annual raises from 1.43% to 1.42% for the life of the contract. It may not sound like much of a concession. However, our already inferior contract becomes more so for the active members. Interesting how it became public on Friday afternoon, just as a week long holiday begins? I also noticed that the UFT did not mention it on their website or as a press release.
Good job Mikey in screwing the members yet again!