Mayor Adams and the Police Benevolent Association are expected to announce a new labor agreement on Wednesday, according to three sources familiar with the matter.
“It’s a long-term settlement,” said one source.
The PBA, which represents more than 20,000 rank-and-file cops, and the city have been at loggerheads for years, dating back to the first term of Mayor Bill de Blasio’s administration.
According to two other sources, the contract will cover eight years, from 2017 to 2025, and will grant police officers a compounded wage increase of 28.25% over that time.
The majority of those raises are retroactive and extend back to 2017. Raises for that year will be set at 2.25%. For each year after, police will get an additional pay bump of .25%, meaning that the raise will amount to 2.5% in 2018 and 3% in 2019.
This is a developing story. Check back here for updates.
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