Showing posts with label Tier 6. Show all posts
Showing posts with label Tier 6. Show all posts

Wednesday, November 15, 2023

UFT Tier 6 DISASTER - It's worse than you thought - New Action

I will be at the DA today handing out this leaflet before the meeting. There is a demo also re the cease fire at some point. I will take a few photos. I haven't been following the exact issues but expect some UFT reso and a push to add cease fire. I have a lot to say on this issue but not here at this time. There are enough people taking on the BIG issues. Some people have to still keep their eye on the daily conditions UFT members face.

Tier 6 is a major issue

I see the Tier 6 issue becoming a big factor in the next UFT election in 2025 because it is doubtful the UFT will get much change. But I would bet on some minor incremental change, oh, say around January 2025 just a few months before the election.

A committee sponsored by New Action has been working up some data on just how bad Tier 6 is. Over 50% of current UFT working members are in Tier 6. And for us Tier ones, Tier 4 looked rotten. (Tier one was ended c. 1973.)

Remember when Randi traded our 8.25% down to 7% for peanuts? Until recent interest rates hitting 5%, 7% still looked like gold so most of us didn't complain much. The handout says the difference over 40 years is $1.5 million compounded. It doesn't say based on what base but back of envelope calculations show that for every 100k you get 7k in interest each year  vs what we used to get - $8,250. So in one year that's a loss of $1250 for teachers. Compound that number even over 10 years. Randi the negotiator. As we always say, the UFT often seems more interested in working to save the city money than in its own members.

But the Tier 6 stuff is even more sickening. The UFT leadership claims Tier 6 reform is a high priority but they also talk about incremental improvements. People will be dead and new teachers on Tier 10 and working till 80 to get a pension.

 


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