Connecticut’s fixed costs like Medicaid, debt service and retiree benefits continue to grow faster than state revenue and make up 52 percent of the state’s budget, according to the Office of Fiscal Analysis. In fiscal…
state employee pension
In response to Senate Republicans’ criticism that the 2019 budget assumes $450 million in pension and health care savings from state employees that have not yet been negotiated, Gov. Ned Lamont and his budget chief…
Connecticut’s official balance sheets will be noticeably worse next year due to changes in how the state reports its retiree healthcare liabilities, according to a report by the organization Truth in Accounting. Truth in Accounting…