Transit- Metropolitan Transportation Authority boss raises issue of possible 12% fare hike in 2015  – NY Daily News

Posted: January 31, 2014 in Uncategorized

1/30/14

FEELING pressure from its many unions, the MTA raised the possibility of a $2.75 subway ride and a $125 monthly unlimited MetroCard come 2015.

Metropolitan Transportation Authority Chairman Tom Prendergast warned at a hearing in Albany Thursday that the authority’s labor problems could result in riders getting socked with a 12% fare hike next year — triple the percentage increase the authority already has in store.

RELATED: DANGER DOWN THE TRACKS

Speaking at a joint legislative budget hearing — and delaying returning home following the death of his father to do so — Prendergast predicted “dire consequences” if a settlement to the MTA’s labor woes resulted in all of its workers getting raises along the lines of those that an independent mediator recently suggested be paid to Long Island Railroad employees.

via Metropolitan Transportation Authority boss raises issue of possible 12% fare hike in 2015  – NY Daily News.

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