Mayor Bloomberg dropped a bombshell in the middle of his annual budget presentation yesterday by declaring that municipal workers who’ve toiled without contracts for as long as 3 1/2 years won’t get retroactive pay raises — even after he leaves office.

“I think it’s clear down the road no administration is going to have the money to give pay [for] the past,” the mayor said as he unveiled his $68.7 billion budget plan for fiscal year 2013. “I don’t know any company that would give you retro pay.”

Back pay has been a staple of just about every past city contract settlement….

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