U.F.T., de Blasio to re-negotiate part of contract

[hrmjustin]

Sally Goldenberg
The de Blasio administration and the United Federation of Teachers will return to the bargaining table in the coming weeks to hammer out an unresolved portion of the recently ratified contract, Capital has learned.

The two sides need to agree on how to pay union members who retired before June 30, 2014, because more teachers left than the contract had accounted for, both sides confirmed.

City Hall had set aside $180 million to pay lump sum retroactive wages to retiring teachers—a figure the union agreed to in June when it signed off on the nine-year deal that runs from 2009-2018. But the higher-than-anticipated retirement rate means the city may need to increase that total and negotiate how retroactive payments will be made to the additional retirees.

http://www.capitalnewyork.com/article/city-hall/2014/09/8551942/uft-de-blasio-re-negotiate-part-contract