- Last Updated: 1:07 AM, April 24, 2012
- Posted: 1:03 AM, April 24, 2012
In another blistering shot at New York Times Co. Chairman Arthur “Pinch” Sulzberger, the Newspaper Guild has released a slick video in which newsroom veterans blast the paper’s plan to freeze the pension plan and dole out minuscule pay hikes.
The nearly six-minute video comes as representatives of the Times and the Guild are slated to meet today in a bid to try and make some progress in the talks.
The unionized reporters and editors at the Times have been without a contract for more than a year.
The Times, after initially demanding a three-year wage freeze, is now offering a one-year freeze and 1 percent pay hikes in years two and three.
The Times has been looking to freeze the current defined benefit plan and move to a 401(k) plan.
Veteran science reporter Donald G. McNeil Jr. said in the video that the proposed move would strip him of $350,000 between the ages of 65 and 85.
“Three hundred and fifty thousand dollars, as far as I’m concerned, is worth risking a strike over,” said McNeil.
A Times spokeswoman refused comment on the video.