NYC, Teachers Union Reach 5-Year Contract Deal With Pay Bumps

NEW YORK CITY — More than 100,000 public school educators in the city's biggest teachers union are up for hefty pay bumps under a tentative new contract, officials said.

Mayor Eric Adams and United Federation of Teachers leaders Tuesday announced they reached an agreement on a five-year contract.

The agreement covers 120,000 municipal employees and covers raises, retention payments and a ratification bonus, Adams said.

"All of which will help retain our educators, which we are losing at an alarming rate," he said.

The contract's term will run retroactively from Sept. 14, 2022 to its expirations Nov. 28, 2027.

It will include general wage increases each year of at least 3 percent, officials said.

Teachers with bachelor's degrees will see their base pay go from $61,070 to $72,349, officials said.

For teachers with master's degrees, their minimum pay will go from its current $68,652 to $81,201, officials said.

And teachers with the longest tenures will go from their current $128,657 minimum pay to $151,271 by the contract's end.