Wednesday, December 21, 2005

Coping with the transit strike


About 2 hours to get to work and 3 hours to return home.



What would Reagan do? : Wall Street Journal


[The MTA] asked to push the retirement age back to 62 for new workers but dropped that demand and is now merely asking that they contribute 6% of their pre-tax salaries toward their pension for their first 10 years on the job, as well as pay 1% of salary for health insurance. By contrast, the TWU demanded that the MTA lower retirement age to 50 for its current workers and grant 8% wage increases over the next three years.

Retire at 50 with a prepaid pension after 20 years?


That's so out of line with private employers but, hey, this is New York City.


Photos: (1) my photo of sunrise Tuesday (2) the AP photo of Bloomberg crossing the Brooklyn Bridge (3) my photo of Bloomberg crossing the Brooklyn Bridge.
Click on the photos to get a full size photo.



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