There's a growing recognition among Connecticut state and local government that 401(k)-style retirement plans will be necessary in the long run. The private sector does it, so why are government employees so worried?
Marc E. Fitch
If nothing had changed, Connecticut would not be trapped in the situation it is now. But Connecticut also allows collective bargaining agreements to supersede state law, allowing subsequent SEBAC agreements to once again underfund state employee pensions.
Connecticut remained dead last in the nation for personal income growth since 2007 in the latest analysis by Pew Charitable Trusts.
The national AFL-CIO has tapped Working America, its political affiliate based in Washington D.C., to send canvassers to Connecticut for a “union member mobilization effort” and to talk with members about “the importance of the 2018 election cycle,” according to an email from AFSCME Council 4 Executive Director Jody Barr.
If the accused were trying to “stick it to the man,” they stuck it to the wrong one – the taxpayers who have been forced to subsidize these bad decisions through higher taxes.
Cash strapped New Haven is requesting $217,597 from Connecticut taxpayers for the construction of a splash pad at DeGale Field after the city gave $250,000 in bonuses to 37 management employees.