The city and the United Federation of Teachers have reached a tentative contract agreement giving educators at least 17.58 percent in compounded raises over the life of the 62-month deal and, for the first time, provides annual retention bonuses.
The pact, which must be ratified by the union’s rank and file, runs from Sept. 14, 2022 through Nov. 28, 2027. The deal, announced Tuesday, would give about 120,000 educators 3-percent raises in each of the first three years of the contract, a 3.25-percent bump in September 2025 and a final 3.5-percent increase in September 2026.
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