NY transit workers agree new contract
Posted on: Tuesday, 27 December 2005, 23:52 CST
NEW YORK (Reuters) - The executive board of New York's Transport Workers Union voted to accept a new contract on Tuesday, the union's leader said, after a dispute that brought the city's subways and buses to a standstill last week.
The union's board "voted overwhelmingly to approve the proposed contract," Transport Workers Union Local 100 leader Roger Toussaint said at a televised news conference.
The new contract, which must be ratified by the union's 34,000 members, provides for wage increases of 3 percent, 4 percent and 3-1/2 percent for the next three years, Toussaint said.
Source: REUTERS
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