Deal: Union Chips in More for Health Care, Layoffs Halted for 90 Days

Michael Bloomberg and labor leaders announced a plan to halt scheduled layoffs of 1,000 municipal workers for at least 90 days, and have labor unions pay more money for some of their health-care costs, a move the mayor said could save the city $1 billion over six years.
Money to prevent the layoffs is coming from the union-administered Health Insurance Stabilization Fund, and “will be cost-neutral to the city,” Bloomberg said. Another 980 to 1,000 workers will still be laid off, according to labor officials at the event.
Harry Nespoli, chairman of the Municipal Labor Committee, said the labor leaders “all totally agreed to stop the layoffs.