A new report released by Chicago-based Truth in Accounting ranked Connecticut dead last in the country for fiscal transparency, but that score isn’t sitting well with the Office of the Comptroller. According to TIA, Connecticut’s […]
Comptroller’s Office
When given the choice between Connecticut's failing pension system and the state's defined contribution plan, Robert Guynn took the road less traveled -- and he's doing fine.
The loss of those agency fees could cost Connecticut's various government unions up to $3.4 million per year, approximately 10 percent of their annual take from state employees, according to numbers supplied by the Comptroller's Office.
Fringe benefit rates for Connecticut’s state employee and teacher retirement plans in 2018 jumped as much as 52 percent, according to figures from the Comptroller’s Office.
Connecticut state retirees are having a new benefit added to their healthcare package as a result of anti-discrimination laws in President Obama’s Affordable Care Act. Starting in July, hearing aids will be covered by the state retiree health plans. The devices cost, on average, about $4,500 according to the American Association for Retired Persons.
Previously, insurance companies covered the costs of hearing aids for children 12 and under. State retirees were able to obtain a discount on hearing aids through Anthem Blue Cross, Blue Shield. However, based on the ACA’s restrictions, that age-based limit is considered discriminatory.
