Pay increases for state employees outlined in the 2017 SEBAC agreement were projected to cost $353 million annually by the Office of Fiscal Analysis, but emails between former State Senator Len Suzio, R-Meriden, and OFA analyst Don Chaffee show the ongoing cost may be higher. According to the 2017 email ...
In response to Senate Republicans’ criticism that the 2019 budget assumes $450 million in pension and health care savings from state employees that have not yet been negotiated, Gov. Ned Lamont and his budget chief Melissa McCaw admitted that talks with labor leaders are just beginning. “That process is just ...
Sen. Mae Flexer, D-Killingly, and Rep. Josh Elliott, D-Hamden, filed amendments on 35 different bills to change the Democrats’ budget that would make the nonprofit corporation created with billionaire investor Ray Dalio’s $100 million education investment subject to the state’s Freedom of Information laws. The budget is being debated in ...
The Yankee Institute reacts to Channel 3 Eyewitness News about the problem’s in the state’s budget.
“We applaud Gov. Ned Lamont and the legislature on passage of a budget that does not contain a new capital gains or an income tax rate increase; does not force municipalities to pay for teacher pensions they could not control; removes a far-fetched provision for real-time sales tax collection; and ...
A provision in the 2019 budget deal eliminates the inclusion of multiple private vendors from Connecticut’s retirement-for-all program, leaving the state to choose only one vendor to offer different retirement plans and products to private workers. The inclusion of multiple vendors in the Connecticut Retirement Security Authority was pushed by ...