A subway train in New York City __NOTOC__ A tentative contract agreement has been struck, five days after New York City was ground to a halt in a transit strike. The executive board of the Transport Workers Union (TWU) Local 100 and the Metropolitan Transportation Agency (MTA) had been negotiating under a media blackout, but terms of the agreement have started to come to light: A 3\% increase in salary the first year, 4\% increase the second year, and a 3.5\% increase in their third year. There will be no changes in the employees' pension plan and the retirement age remains at 55 in exchange for employees contribution of 1.5\% of their paycheck. Union members probably will ratify the contract because it would be "near suicidal" to strike again, says Gary Chaison, professor of labour relations at Clark University in Worcester , Massachusetts. See also NYC transit deadline past, no strike or talks NYC Transit on strike Striking NYC transit workers will return to jobs 
A subway train in New York City __NOTOC__ A tentative contract agreement has been struck, five days after New York City was ground to a halt in a transit strike. The executive board of the (TWU) Local 100 and the (MTA) had been negotiating under a media blackout, but terms of the agreement have started to come to light: A 3\% increase in salary the first year, 4\% increase the second year, and a 3.5\% increase in their third year. There will be no changes in the employees' pension plan and the retirement age remains at 55 in exchange for employees contribution of 1.5\% of their paycheck. Union members probably will ratify the contract because it would be "near suicidal" to strike again, says Gary Chaison, professor of labour relations at in , Massachusetts. Related news Sister links
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Transport Workers Union
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Metropolitan Transportation Agency
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Clark University in Worcester
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See also NYC transit deadline past, no strike or talks NYC Transit on strike Striking NYC transit workers will return to jobs
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