**Spoiler alert (if you actually care about that sort of thing)** In the 2017 film, Going Out in Style, Morgan Freeman, Michael Caine and Alan Arkin play a group of retirees who rob the bank…
retiree healthcare
Connecticut’s new governor and legislature will barely have time to set up their offices before facing down a $1.9 billion budget deficit for fiscal year 2020, followed by $2.5 billion deficit in 2021. So, what…
Connecticut's retirement healthcare fund for state employees is short $36 billion, which amounts to more than $10,000 per person in the state, according to a new study by the American Legislative Exchange Council. Connecticut’s other…
The agreement negotiated between Gov. Dannel Malloy and government union leaders contains a provision that would provide healthcare for retired state employees through Medicare Advantage. Comptroller Kevin Lembo originally suggested the idea and House Republicans…
[et_pb_section admin_label="section"][et_pb_row admin_label="row"][et_pb_column type="4_4"][et_pb_text admin_label="Text" background_layout="light" text_orientation="left" use_border_color="off" border_color="#ffffff" border_style="solid"] Healthcare costs for retired state employees are projected to surpass the healthcare costs for current employees for the first time, according to the governor’s budget…
Connecticut was labelled a “sinkhole state” and placed 49th in the nation based on its financial issues and taxpayer burden in the annual Financial State of the States report by Truth in Accounting, a government…
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…
This year we’ve tried to shine a light on Connecticut’s bonded debt, as well as our pension and retiree healthcare liabilities. When all of this debt is combined, Connecticut is one of the most indebted…
The recent op-ed in the Courant is correct on one count: state employees are not the problem. If not state employees, then who is to blame for the seemingly perpetual state budget deficit? The problem…