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Former Rep. Rob Simmons

You Didn’t Build That: Occupational Licensure in CT

by Ryan Murphy Connecticut needs as many entrepreneurs as it can get. But for many would-be small businesspeople, Connecticut’s stringent occupational licensure laws stand in the way. Connecticut licenses 241 occupations, from hairdressers to glaziers. Often sold in the name of public safety, more often licensure laws serve as artificial ...

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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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