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New Centro union contract cuts benefits for new employees

 
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RailBus63
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Joined: 16 Apr 2007
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PostPosted: Sun Aug 14, 2011 9:17 am    Post subject: New Centro union contract cuts benefits for new employees Reply with quote

The title of the article doesn't tell the whole story - Centro's driver and mechanics will get a sweeter deal in exchange for some pretty important changes in future retiree benefits and the ability to lay off full-time employees while keeping part-timers:

Syracuse.com - Centro bus drivers, mechanics get better pensions, raises in new contract
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timecruncher



Age: 67
Joined: 23 Dec 2008
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Location: Louisville, Kentucky

PostPosted: Fri Sep 02, 2011 7:44 am    Post subject: Reply with quote

Pretty ugly union contract.

Mortgage tax to fund transit? That seems unusual to me.

I dunno, but it looks like a good time to rethink whether that $700-per year union dues are worth the bother.

timecruncher
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RailBus63
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PostPosted: Fri Sep 02, 2011 8:55 am    Post subject: Reply with quote

The mortgage tax has been a staple of New York state transit funding for decades. As you can imagine, it was a swell idea when the housing market was going great guns but hasn't worked too well when real estate tanks and this has created an ongoing crisis since 2008.
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