Connecticut professors with the Connecticut State Colleges and Universities system will receive two 5.5 percent raises in 2019 and 2020, according to a contract summary published by the union representing CSCU professors.
Connecticut’s Teachers Retirement System is underfunded by at least $13 billion and the state’s actuarily required contribution has grown 145 percent over the past ten years.
Part of the bipartisan budget passed in November included raising teachers’ contribution toward their pensions from 6 to 7 percent, but a bill passed out of the Finance, Revenue and Bonding Committee would roll that contribution back.
The Connecticut State Department of Education may penalize some towns for reducing their education budgets after Gov. Dannel Malloy cut education funding for municipalities.
A bill authorizing the state of Connecticut to conduct a study on viability of education savings accounts drew a bevy of experts and advocates to a packed public hearing before the Education Committee on Thursday.
Seven families with children in the Hartford public school system filed suit against the State Department of Education today over what they say are unfair enrollment quotas for Hartford’s magnet school system.