NJ Transit's rail workers union calls latest contract offer 'utterly unacceptable'

Source: Faux News

NEWARK, N.J. – The union representing New Jersey Transit's rail workers calls the agency's latest contract offer "utterly unacceptable."

NJ Transit has offered unionized rail workers a 10-percent pay increase over 7.5 years. But that raise would be offset by a big increase in health insurance costs.

The offer was made to an emergency board that was appointed by President Barack Obama to avoid a transit strike.

The Record (http://bit.ly/1IiJUap ) newspaper reports the unions have demanded a 17-percent pay raise over six years, plus a cap limiting health care expenses to two percent of each employee's weekly pay before overtime.

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Read more: http://www.foxbusiness.com/markets/2015/08/05/nj-transit-rail-workers-union-calls-latest-contract-offer-utterly-unacceptable/