An updated study published by the Yankee Institute on Wednesday found that Connecticut government employees earn 28 percent more than comparable private sector employees, largely due to public employees’ generous retirement benefits. That difference adds […]
Andrew Biggs
As his term concludes, it’s entirely predictable that Governor Malloy would seek to shape his legacy for the history books. But the “spin” in his recent op/ed for the Hartford Courant is so dizzyingly incomplete and inaccurate in important respects that it warrants a response.
There's a growing recognition among Connecticut state and local government that 401(k)-style retirement plans will be necessary in the long run. The private sector does it, so why are government employees so worried?
In the old days, becoming a public servant meant receiving less take-home pay but getting good benefits. It was a trade-off some were willing to make, but that trade-off has eroded in Connecticut.
This week Gov. Dannel Malloy announced that he will invite Democratic and Republican legislative leadership to bipartisan budget talks, to try to come up with ways to cut government spending. This is a positive step, and hopefully the talks will bear some fruit.
In that spirit, we have an idea they can all use: Reform government employee pay and benefits.
