It was notable that during the Oct. 11 City Hall press conference announcing a contract deal with the United Federation of Teachers, none of the participants on either side detailed the bottom line: 7.5 percent in raises over a 43-month period that begins next Feb. 14 and runs through Sept. 13, 2022.
The pay hikes—2 percent on the first day of the pact, 2.5 percent effective May 14, 2020 and 3 percent May 14, 2021—have an average annual value of just over 2 percent.
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