One of the major selling points of the union concessions agreement negotiated between Gov. Dannel Malloy and state union leaders is a new Tier IV hybrid retirement plan, which combines a 401(k) style retirement account…
Rhode Island
The State of Connecticut employs nearly 50,000 people on a full-time basis and like most employers, they provide benefits to help employees plan for their retirement. Unlike most private sector employers, however, public employees are…