Yankee Institute Accused of Having “Anti-Worker” Agenda

Today’s Hartford Courant featured a front page article discussing Yankee’s recent release of a list of 24 retired state employees who receive pension payments in excess of the governor’s salary of $150,000.

Larry Dorman, a spokesman from the state employees’ union sharply criticized the findings and accused the Yankee Institute of holding to an “anti-worker agenda” and of “undermining the American values of fairness, democracy, and rights for working people.”

Where’s the “fairness” in asking hard-working CT taxpayers to foot the entire bill for overly generous pensions—or even the average pension of $26,000?  Our state faces a huge unfunded pension liability, and experiences high outbound migration rates due to increasing taxes to meet the state budget.

Yankee suggests a defined-contribution pension system plan that would lessen the cost to taxpayers by incorporating a 401(k)-style program in which state employees contribute to their own retirement accounts.

The Fitch Files: Five more lawsuits filed against restaurants as legislature moves toward special session

A partial judgement was handed down by Connecticut Superior Court Judge Thomas Moukawsher against two restaurants named in a class action lawsuit filed in 2017 by two former employees.  Chicago Sam’s and Penny Corner Pub, both with locations in Enfield and Cromwell, lost part of their two-year old court battle, ...

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Connecticut ranked last for fiscal transparency

A new report released by Chicago-based Truth in Accounting ranked Connecticut dead last in the country for fiscal transparency, but that score isn’t sitting well with the Office of the Comptroller. According to TIA, Connecticut’s score improved six points over last year, scoring a 50, thanks to a “timely release ...

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