Retired Connecticut state employees will see a substantial bump to their pension payments as a result of increasing economic inflation. The Consumer Price Index for Urban Wage Workers and Clerical Workers – known as the […]
cost of living adjustment
More than 1,600 retired state employees now have pensions over $100,000 per year, totaling an annual payout of $191.9 million, according to numbers provided by the State Comptroller’s Office. The 1,609 retirees receiving six-figure pensions […]
The Rhode Island Supreme Court has upheld a Superior Court decision to allow the City of Cranston to cut cost of living adjustments for city retirees, citing the city’s dire fiscal problems. In 2011, Cranston […]
