Search
Back

24 Retirees Make More than Governor

HARTFORD – Pensions for two dozen retired state employees exceeded the governor’s salary of $150,000 in 2010, according to new data posted to the Yankee Institute’s CT Sunlight Project (www.ctsunlight.org).

A total of 378 retired state workers received pensions of more than $100,000 last year. That’s up from 175 individuals in 2008 and 299 retirees in 2009. In all, the state of Connecticut paid out $1.2 billion in pensions to 43,070 beneficiaries in 2010.

“Guaranteed pensions of $100,000 a year are basically unheard of in the private sector, but continue to be available to state employees. No wonder state employee unions are resisting Gov. Malloy’s call for modernization and reform,” said Fergus Cullen, Executive Director of the Yankee Institute.

The Yankee Institute obtained the data from the state Comptroller’s Office after making a Freedom of Information Act request. The disclosure comes as Gov. Malloy continues to make the case for concessions from state workers.

“Connecticut’s pension system is unsustainable. At a minimum, the state needs to move public-sector employees from outdated defined benefit plans into 401(k)-styled defined contribution accounts,” Cullen said.

All 2010 pensions for state workers are posted and searchable at ctsunlight.org.

1) Go to www.ctsunlight.org
2) Click on “pensions”
3) Under “pay year” select 2010
4) Under “branch” select retirees

378 retirees received pensions in excess of $100,000 in 2010.

ABOUT THE YANKEE INSTITUTE FOR PUBLIC POLICY:

The Yankee Institute is a think tank that develops and advocates free-market and private sector solutions to public policy issues. Founded in 1984, Yankee has offices on the campus of Trinity College in Hartford, Connecticut. The Yankee Institute is nonpartisan research and educational organization and is classified by the IRS as a 501 (c) (3) non-profit.

Tong Seeks to Expand Powers of the Attorney General

Connecticut’s Attorney General William Tong is seeking to fulfill his campaign promise to aggressively pursue civil-rights violations by introducing a bill to the Joint Committee on Judiciary that would expand his office’s powers to take action in civil-rights cases. Not only was the bill, HB 7222, written at the AG’s ...

Read More

The Fitch Files: Connecticut Dept. of Labor Oversight Spurs Lawsuit Against State Contractor

Ferguson Contractors is a large construction firm that has worked on major public works projects including the Buley Library at Southern Connecticut State University and the UConn Health Center Research Tower.  But Ferguson now faces a court battle against former employees who claim they were underpaid for their benefits while ...

Read More

Yankee Staff

Free Market Think Tank

Leave a Reply

Your email address will not be published. Required fields are marked *

SIGN UP TO RECEIVE OUR NEWSLETTER