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(Source: Boston Globe, December 19, 2016)

BOSTON — The Massachusetts Bay Transportation Authority and its largest union — agreeing to give up a wage hike in order to help protect thousands of jobs from being privatized — on Monday won approval for a four-year, $1.5 billion contract. Under the agreement, which was approved unanimously by the MBTA’s oversight board and takes effect in January, the Boston Carmen’s Union Local 589 will forgo a previously bargained 2.5 percent raise this year, one of a number of concessions MBTA officials said would save the agency about $81 million over the next four years.

Full story: Boston Globe