N.Y. MTA workers negotiate raise, pay higher premiums

NEW YORK — According to union officials, 34,000 New York Metropolitan Transportation Authority (MTA) workers ratified a contract with retroactive raises, giving most a check for between $3,000 and $5,000, and will pay more for enhanced health benefits, New York Daily News reported.

The deal grants annual raises of 1% for 2012, 2013 and 2014 and 2% raises for 2015 and 2016. It is expected to be approved by the MTA board of directors.

The bus and subway workers will get an improved dental plan and two weeks of paid maternity or paternity leave, but will pay higher insurance premiums. The deal also increases health care contributions from 1.5% to 2%.

The MTA had demanded a three-year wage freeze or work-rule changes to pay for any raises but eventually settled for less, according to the report. For the full story, click here.