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New Orleans mayor announces $75 million settlement with firefighters
Source: Reuters
US | Fri Oct 16, 2015 5:38pm EDT
New Orleans mayor announces $75 million settlement with firefighters
New Orleans Mayor Mitch Landrieu said on Friday the city had agreed to pay $75 million to settle a longstanding dispute with its firefighters over back wages, ending a quarrel in which he was threatened with house arrest.
"After decades of gridlock, court battles and uncertainty for our firefighters and for taxpayers, together we have solved this problem, hopefully once and for all," Landrieu said at a news conference
Under the deal, the city agreed to pay firefighters $75 million over more than a dozen years to resolve the standoff dating back to the 1980s.
Finalizing the complex agreement, which involves pension reforms, will require action by the state legislature and city council, Landrieu said. Voters will be asked to approve a tax increase to help pay for it.
Under a 1980s judgment, the city owed firefighters $75 million in back wages, plus $67 million in interest, because it had not given firefighters raises required by state law.
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New Orleans mayor announces $75 million settlement with firefighters
New Orleans Mayor Mitch Landrieu said on Friday the city had agreed to pay $75 million to settle a longstanding dispute with its firefighters over back wages, ending a quarrel in which he was threatened with house arrest.
"After decades of gridlock, court battles and uncertainty for our firefighters and for taxpayers, together we have solved this problem, hopefully once and for all," Landrieu said at a news conference
Under the deal, the city agreed to pay firefighters $75 million over more than a dozen years to resolve the standoff dating back to the 1980s.
Finalizing the complex agreement, which involves pension reforms, will require action by the state legislature and city council, Landrieu said. Voters will be asked to approve a tax increase to help pay for it.
Under a 1980s judgment, the city owed firefighters $75 million in back wages, plus $67 million in interest, because it had not given firefighters raises required by state law.
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Read more: http://www.reuters.com/article/2015/10/16/us-usa-louisiana-mayor-idUSKCN0SA2NV20151016
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