! Welcome to the Isle.. and good luck with that commute...
Yeah. I've heard "word on the street" that the issues that are driving the workers are not the ones that the union is pressing - but the union issues seem remarkably arrogant and trivial in my opinion. Here's what the union leader says the strike is about:
The union said the latest MTA offer included annual pay raises of 3 percent, 4 percent and 3.5 percent. Pensions were another major sticking point in the talks, particularly involving new employees.
In its last offer before negotiations broke down, the MTA had proposed increasing employee contributions to the pension plan from 2 percent to 6 percent, said union lawyer Walter Meginniss Jr. He added that such a change would be "impossible" for the union to accept.
"Were it not for the pension piece, we would not be out on strike," union president Roger Toussaint said in an interview with NY1. "All it needs to do is take its pension proposal off the table."
Well - I'll be d@mned. Who today doesn't contribute something to their own retirement account? What world are they living in? I don't understand the issue really. Perhaps the transit workers are arguing that MTA gets pensions (do they?) while they are asked to contribute to their pensions?
Also - who's retirement age is 55? Does anyone have any idea what this is about? My retirement age, according to social security - is 67 or 68. I know some companies have early retirement offers - is this what's being talked about? But - in the final offer, MTA gave them the 55 instead of raising to 62.
I heard this morning that the MTA president declared an impasse - which may force binding arbitration. One might have thought that he'd do that BEFORE a strike was called...
Edited by QueenTiye, 21 December 2005 - 10:07 AM.