Connecticut's retirement healthcare fund for state employees is short $36 billion, which amounts to more than $10,000 per person in the state, according to a new study by the American Legislative Exchange Council.
Marc E. Fitch
Connecticut’s Whiting Forensic Hospital was forced to rehire employees terminated in 2009 and 2010 for the abuse of state psychiatric patients after grievance arbitrators overturned management decisions, according to documents obtained through a freedom of information request.
Paying more for a meal at a restaurant won’t just hurt your wallet, it may also hurt Connecticut’s economy, according to a new study.
Leaders of Connecticut’s public sector unions took a decidedly harsh tone in their critique of the Commission on Fiscal Stability and Economic Growth’s findings and recommendations, calling the panel of business executives “arrogant college freshmen who come home after a semester and think they have all the answers to the world's problems.”
Connecticut’s two largest pension funds for teachers and state employees received 16 percent returns over the course of one year thanks to a surging stock market, giving the state a much needed boost.