On the same day that state employee unions announced the ratification of Gov. Dannel Malloy’s concessions deal by union rank and file, House Republican Leader Themis Klarides, R-Derby, held a press conference saying the concessions deal is “tying the hands of the Connecticut taxpayers for the next ten years.”
Aetna assured Connecticut lawmakers that it will leave most of its employee workforce in Hartford and would only move its top executives to its new location in New York City. But even the loss of the top five executives at the insurance giant will cost Connecticut millions in lost tax revenue. The five top executives, including CEO Mark Bertolini, earned a combined $49.2 million in 2016, according to Morningstar, a stock-trading and investment research company.
A state employee with the Department of Developmental Services was placed on paid administrative leave for 69 weeks pending an investigation and collected $81,500 during that time, according to a report from state auditors.
Connecticut's top union official wrote a letter to state employees asking them to approve a concession deal negotiated with Gov. Dannel Malloy and warned of "projected budget deficits in the billions." In a letter to state union members, AFL-CIO President Lori Pelletier told union members they could secure their benefits until 2027 and gain four years of layoff protections under the concessions agreement.
As a student of economics at the University of Connecticut, Luc Dang, observed a problem that few others perceived - food waste in the university’s eight different kitchens that serve the 31,000 students at Connecticut’s flagship public university.
In an effort to deal with the skyrocketing cost of teacher pensions, Gov. Dannel Malloy has proposed shifting one-third the cost of the pensions onto towns, a move that will likely drive up property taxes as municipalities scramble to come up with $408 million in 2018. Michigan, on the other hand, has taken step in the opposite direction.