Thursday, December 15, 2005

What!?!

Tomorrow I am facing a possible strike of the subway/bus workers here in NYC. Not really sure how/if I am going to get to work. Among the sticking points in negotiations, from today's NYTIMES:

The union wants 8 percent raises for its members for each of three years. Late in the day, the union signaled that it would accept lower raises if the agency would lower disciplinary actions against employees by 25 percent. The union did not specify by how much lower it would be willing to go.

Going into today, the M.T.A. had offered a 6 percent raise over 27 months. On pensions, a major sticking point, the authority wants to raise the retirement age for newly hired employees to 62 after 30 years of service, while the union wants to lower it to age 50 after 20 years of service. At present, transit workers can retire at age 55, after 25 years of work, with a pension equal to half their annual pay - which averages $55,000, including overtime.


WHAT!?!

Lower disciplinary actions? Retire at the age of 50? Who are these people?


UPDATE: Another sticking point. Increasing MTA employees health care contributions by 1%...from 0%!

2 Comments:

Blogger The Man In the Tribe Hat said...

Work for thirty years, retire, have a company pay you for another thirty... that's union logic for you.

12/19/2005 3:42 PM  
Blogger Nathan said...

Or in this case 20 years! With life expectancies we are talking about easily retiring from the MTA and working another job pulling in two incomes.

12/19/2005 6:14 PM  

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