What's that coming down the track? Big pay hikes for MTA workers.
Transit workers will get a 4 percent salary bump for last year and another 4 percent boost to cover this year in accordance with an August mediation ruling, according to a published report.
Add it all together and MTA workers pass "GO" a whole bunch of times – to the tune of a payday worth more than $100 million, reports the Daily News. The state arbitration panel awarded the pay hikes to workers in a three-year contract, which the MTA has tried unsuccessfully for the last five months to invalidate.
The agency says the contract costs too much, and will file an appeal to void the pay hikes slated for next year, along with a clause to lower workers' healthcare coverage contributions, transit authorities told the News.
It wasn't immediately clear when the raises would be administered, but the total cost of the deal – with pay hikes adding up to more than 11 percent over three years – will cost the MTA about $350 million, reports the News.