Since we returned to school on Tuesday, the question asked of me most often is this:
How much of the money the city owes us from the 2014 contract are we going to get this October?
The answer of course is we aren't getting back anything this year. To put it precisely: $0. We will have to wait until October of 2017 to get the second 12.5% back from what is essentially an interest free loan we made to the city of New York.
We do get a contractual 2.5% increase in May of 2017. In addition, the third of four 2% increases from the 2009-2011 round of collective bargaining that most other city unions received back in those days, and has been in their checks ever since, will be added to our checks beginning next May.
I pointed out to people that asked that the city's "Budget Cushion" aka surplus continues to grow and sits at $9.4 billion. Any which way you slice it, the 2014 deal is a lousy contract.
The number of people who voted no does seem to be rising.