City transit workers reach deal with MTA over wage increases
After the Transport Workers Union and the MTA failed to reach a deal on Sunday night, the contracts for 44,000 subway and bus workers expired. But a tentative agreement was reached yesterday for a 28-month contract that stipulates a 2.5 wage increase over the first 26 months with a $500 bonus in the last two, higher than the two percent rate of inflation the MTA originally offered. Yesterday afternoon, TWU Local 100 president John Samuelson shook hands with outgoing MTA Chairman Tom Prendergast to close the deal, but it must still be ratified by the union and approved the MTA Board.
