The savings comes through new co-payments for some services and changes to the funding structure for hospital claims, as well as other administrative measures.
Under the tentative agreement, the city has agreed to delay some of the scheduled layoffs for 90 days. That cost will be covered by a union fund that was created from collective bargaining settlements in the mid-1980s.
The agreement covers more than 550,000 employees and retirees.
NEW YORK AND TRI-STATE AREA NEWS
USEFUL LINKS:
