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good deal

NYC Teachers to Get $3.4B Back Pay

And a raise.

cheats/2014/05/01/nyc-teachers-to-get-3-4b-back-pay/140501-deblasio-cheat_cwp1rc

Shannon Stapleton/Reuters

New York City Mayor Bill de Blasio is making it right with teachers first. In a "landmark" labor deal with the United Federation of Teachers, he announced that he would grant $3.4 billion of back pay to the union in exchange for a reduction in health care costs and easing classroom work rules. Over seven years, teachers will receive raises totaling 10 percent. The agreement first must be ratified by the union's members.

Read it at The New York Times

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