Connecticut teachers receive the highest average pensions, while Connecticut state employees rank second according to an analysis by a New Jersey based actuary. Connecticut’s teachers averaged $50,502 in pension payments putting them in the top spot, ahead of Illinois. State employees ranked second in the nation, behind California, with average pensions of $40,438.
Marc E. Fitch
The top franchises in Connecticut are almost all in the field of elderly services, according to BizQuest, a business brokerage website that lists franchise opportunities for potential business owners. BizQuest’s June 10 newsletter the “Top 5 Franchises in Connecticut” listed four businesses that deal directly with care for seniors and the elderly. The growth of these businesses in the state reflects an aging population.
Connecticut businesses drop unemployment appeals or fail to show up for hearings 40 percent of the time, according to state figures, driving the low success rate for employer appeals found in a recent association report. Strategic Services on Unemployment & Workers' Compensation, a nationwide association of employers, recently reported that Connecticut employers have one of the lowest success rates in the country. Data provided by Chief Appeals Officer Ralph Dorsey shows that employers frequently decide not to follow through on their appeals, contributing to their low success rate.
The Cato Institute released its ranking of states based on personal and economic freedom, which placed Connecticut in the bottom ten states in the nation. Connecticut dropped to 45th in the country - one spot lower than the previous 2014 ranking. The Cato Institute performs the ranking every two years and factors in personal freedom - such as marriage laws, drug and alcohol prohibitions, incarceration and gun rights - and state fiscal and regulatory policy.
The Nevada Policy Research Institute and the Association of American Educators released results of a 27-state survey of union households on Friday showing that 28.7 percent of union workers would opt out of membership if given the choice. The survey found that 66.9 percent of union members believed that a worker should be able to opt out of membership and represent themselves in negotiations with an employer – an idea that has come to be known as “worker’s choice.”
Figures released Tuesday by the Office of Fiscal Analysis show Connecticut made big strides in reducing overtime, despite recent state employee layoffs. In fiscal year 2016, state agencies reduced overtime payments by 14.5 percent, $37 million less than the previous year. The biggest reduction in overtime came from the Department of Correction, which reduced overtime by $21.4 million, followed by the Department of Developmental Services, which reduced overtime spending by $5.2 million.