MTA Board approves LIRR union contracts with almost 15% raises over 4 years
The new four-year pacts — achieved after a three-day work stoppage involving about half the railroad’s 7,000-member organized workforce — give employees at the five unions annual raises of 3% in the first two years, 3.5% in the third and 4.5% in the fourth. Compounded, the raises will amount to a 14.7% pay bump. The unions ratified the agreements by large margins last week.