Updated 2:40 p.m.
Union negotiators and MTA representatives worked through Wednesday night on the deal, and talks continued with Governor Andrew Cuomo on Thursday.
“Next week if there was a strike it would have been a really problematic situation of the highest level,” Cuomo said. “So this is very good news.”
LIRR workers will see a 17 percent wage increase over six and a half years with the new agreement. The MTA wanted a 17 percent wage increase over seven years, while the union desired it over six years. The deal settled the impasse between both sides and will allow the MTA to pay for the salary bump while not increasing fares for riders.
Through the agreement, the transit workers will contribute a percent of their wages toward health care costs, which they currently do not, and new employees will have different wage progressions and pension plan contributions.
The agreement still needs to be approved by the eight Long Island Rail Road unions’ executive boards, ratified by the members and approved by the MTA board.