{"id":86136,"date":"2020-10-10T04:12:07","date_gmt":"2020-10-10T01:12:07","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nyc-teachers-union-strike-deal-on-deferred-compensation-payout\/"},"modified":"2020-10-10T04:12:07","modified_gmt":"2020-10-10T01:12:07","slug":"nyc-teachers-union-strike-deal-on-deferred-compensation-payout","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nyc-teachers-union-strike-deal-on-deferred-compensation-payout\/","title":{"rendered":"#NYC, teachers union strike deal on deferred compensation payout"},"content":{"rendered":"

“#NYC, teachers union strike deal on deferred compensation payout<\/strong>”
\n<\/p>\n

\n New York City and its teachers union struck a deal Friday to secure a $900 million back-pay payout the de Blasio administration had attempted to cancel just a day earlier.<\/p>\n

The United Federation of Teachers and City Hall agreed to pay out half of the $900 million payment this fiscal year and the second half in the following fiscal year.<\/p>\n

The union also extracted a pledge from the city to not layoff any teachers this year and cemented a previously agreed-upon 3 percent pay hike on May 14, 2021.<\/p>\n

\u201cIn addition, with teachers facing layoffs around New York State and the rest of the nation because of the pandemic\u2019s damage to the economy, we were able to convince the arbitrator to add a no-layoff pledge and a guarantee that the teachers\u2019 next contractual raise \u2014 a 3 percent increase set for May \u2014 will not be challenged by the city,\u201d UFT President Michael Mulgrew said.<\/p>\n

The de Blasio administration on Thursday had called off the massive payout, which was due this month.<\/p>\n

It was the last in the series<\/a> of five back pay payments stemming from union negotiations between 2009 and 2011 \u2014 citing the ongoing financial crisis caused by the coronavirus pandemic.<\/p>\n

First Deputy Mayor Dean Fuleihan had written to the teachers union that the cancelled payment would help the city avoid potential layoffs.<\/p>\n

Mayor de Blasio on Friday billed the agreement as a $450 million savings for the city.<\/p>\n

\u201cThe City faces the gravest fiscal crisis since 9\/11, but we will build on our record of strong financial management by making the tough decisions and sacrifices we need to keep the City running,\u201d de Blasio said.<\/p>\n

\u201cThis agreement allows us to avoid laying off the teachers who\u2019ve done so much for New York City\u2019s schools and students. But make no mistake, the need for the Federal and State governments to step up and provide us with aid is as pressing as ever.\u201d\n <\/p><\/div>\n

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\n

If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#NYC, teachers union strike deal on deferred compensation payout” New York City and its teachers union struck a deal Friday to secure a $900 million back-pay payout the de Blasio administration had attempted to cancel just a day earlier. The United Federation of Teachers and City Hall agreed to pay out half of the $900…<\/p>\n","protected":false},"author":1,"featured_media":86137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/10\/Bill-de-Blasio-5.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[7309,75041,5042,70643,72939,72940],"class_list":["post-86136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-unions","tag-10-9-20","tag-bill-de-blasio","tag-department-of-education","tag-teachers-union","tag-united-federation-of-teachers"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/86136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=86136"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/86136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/86137"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=86136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=86136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=86136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}