NEW YORK (CBSNewYork/AP) — New York City public school teachers voted Tuesday to approve a new contract with the city.
The United Federation of Teachers announced the vote results Tuesday evening. The union said the contract had passed more than 77 percent of the vote and that around 90,000 votes had been cast.
Teachers will receive back pay equivalent to nearly 8 percent of their salaries and a series of additional small raises through 2018 under the nine-year contract.
It offers bonus pay for well-reviewed teachers and aim to save the city $1 billion in health care costs over the length of it.
The deal also revamps the teacher evaluation system.
Teachers also will receive one-time $1,000 ratification payments.
You may also be interested in these stories:
- North Korea, Venezuela Included In New Trump Travel Restriction Order
- Thousands Run, Walk In Honor Of Fallen 9/11 Hero Stephen Siller
- Man Beat, Tried To Rob Woman On Q Train In Brooklyn, Police Say
- 1 Woman Dead, 7 People Hurt In Shooting At Church Near Nashville
(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)