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Despite pension agreement, state still faces “relatively brutal” cost increase

Gov. Dannel Malloy's budget chief told the appropriations committee Tuesday that, despite a pension agreement between the governor’s office and a group of state employee unions, Connecticut will face “a relatively brutal” increase in pension costs equal to 10 percent of the budget by 2023. The pension deal would essentially refinance the existing pension payments by extending them through 2046 to make up for a $16.5 billion funding shortfall.

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Yankee Institute Exclusive Spurs SEIU 1199 Lawsuit

Cheryl Spano Lonis, a 19-year veteran nurse working with prisoners in Connecticut’s Department of Correction filed the lawsuit after SEIU 1199 ignored her request to have her dues donated to charity because of her religious beliefs. Lonis’ story was originally reported by Yankee Institute in July 2018.

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Yankee Staff

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