Let us tap your rainy day fund - and we'll guarantee your jobs for the next year.
That's the offer the Bloomberg administration has made to teachers and other unionized city workers, the Daily News has learned.
City negotiators want the rank and file to cough up at least $30million a month, or $360 million, from their emergency health care fund over the duration of the agreement, several sources said.
Hizzoner has threatened to lay off 4,100 teachers and hundreds of city employees in other agencies, such as the Parks Department and libraries.
Bloomberg's offer is set for a vote today before the Municipal Labor Committee, a coalition of civil service unions. If approved, committee head Harry Nespoli will get the green light to negotiate the final deal with the city.
Unions backing the proposal say it's a good deal because the threat of layoffs will be less next year as the economy improves.
The complete no-layoff offer would apply to all city workers, including the thousands covered by the city's largest union, District Council 37.
That union has voiced skepticism about allowing the city to tap the fund. Adding a no-layoff clause could bring them around, a veteran DC 37 official said at a labor rally in lower Manhattan yesterday.
"That would be something we would have to strongly consider," the official said. "This is money that's not really being used. Why let it go to waste?"
Publicly, DC 37 Executive Director Lillian Roberts remains opposed to the Bloomberg proposal.
"I'm fed up with the city taking our benefits," she said.
The unions representing city firefighters and teachers are both strongly in favor of the deal.
The Health Insurance Stabilization Fund, which has close to $500 million on hand, was created in 1986 after health care costs skyrocketed. The city agreed to chip in $35 million a year in return for smaller wage hikes.
Wednesday, June 15, 2011
Daily News Reports Bloomberg Will Nix Layoffs If He Gets $30 Million A Month From Union Health Care Fund
Watch out - the mayor's got a gun and he's holding us up for money: