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Deal Reached to Spare City Hall Layoffs, Furloughs
No details are publicly available until the plan is ratified by union members, but today the City Council took action that reverses this week's earlier decision to cut nearly 1,000 jobs and institute 26 days of furloughs that would help the city fight a $405 million budget shortfall. Instead, the Coalition of L.A. City Unions gave up $78 million in "hard concessions" and will have to contribute an extra .37 percent of paychecks towards the city's pension fund, which will cover the early retirement of some 2,400 employees, according to the LA Times. Although 22,000 employees have membership in this union, other unions may still experience layoffs and furloughs, which could prompt lawsuits.