I just received an email from Randi Weingarten stating that teachers would once again begin after Labor Day, and that fixed contributions would now receive 7% interest, rather than 8 plus.
I don't know what that may suggest for the coming contract. As you know, there is a pattern set by DC37, of 4 and 4 over two years. Have we bought back one of the most egregious givebacks at the expense of the pattern the city holds sacred (when they need to give us zeroes during a dot-com boom)? Does this mean the UFT will withhold endorsing Bloomberg's opponent? Was this purchased with Ms. Weingarten's NY Post endorsement of mayoral control?
Maybe time will tell.
Reporter Wayne Barrett
8 hours ago