A report by the Las-Vegas based Better Cities Project found the Stamford-Bridgeport-Norwalk area to have the fourth largest gig economy of the nation’s major metropolitan areas, with 10.2 percent of the area’s workforce per capita […]
Norwalk
**Update: Senate Democrats have confirmed the figure of 40,000 students was a mistake in the bill. Instead, the regionalization effort would apply to towns with less than 40,000 total population. The article below is amended […]
Faced with mounting retiree healthcare costs, Connecticut towns are making changes to get out of the healthcare business altogether.
Matt Gallagan, town manager of South Windsor, said they no longer provide health benefits for retirees. Instead retirees can purchase a health plan through the town. South Windsor is one of several towns and cities that have moved away from providing long-term health benefits for their retirees.
As Gov. Dannel Malloy and the state legislature grapples with rising costs from unfunded pension liabilities, some Connecticut cities and towns have managed to tackle their own pension problems head on.
Municipalities like Danbury, Norwalk, Stratford and South Windsor have switched from defined benefit retirement plans to 401(k) style plans and changing retiree healthcare packages to stem the long-term costs to the towns.
