New York Governor and the second-largest government union within the state made a tentative agreement in the last several days that revises the package of pay and benefit concessions to stop nearly 3,500 layoffs that the Governor has put into effect after previous discussions and agreements failed union membership vote. The new agreement continues a three-year wage freeze of previous discussions and saves the state $75 million but will run for four years instead of five. In addition, a lump-sum payment that would have been paid to union members in the middle of the contract will instead go to reimbursing workers for several days of furlough. Although calling for a three year wage freeze, the union members would receive a 2% pay increase after the first three years of the new contract.
The Public Employees Federation (PEF) has 52,000 members that must vote on the new proposal by November 4. 10.21.2011.