Even with a state employee retirement incentive plan out of consideration, Gov. Dannel P. Malloy and legislative leaders insisted Tuesday that a major deficit-mitigation plan could be enacted by mid-December.
retirement incentive program
State budget talks pick up steam; retirement incentives don’t
While state legislators were upbeat after a second round of budget talks Tuesday with Gov. Dannel P. Malloy, they conceded that a proposal to offer retirement incentives to state workers — though not dead — had been weakened considerably.
Is pension fund in play as remedy for state budget deficits?
Though Gov. Dannel P. Malloy’s plan to restructure state pension payments doesn’t provide any budget relief until 2019, some legislators are looking to the pension fund one more time to help Connecticut out of its current budget crisis.
Malloy: Time is running short to strike a budget deal
While legislative leaders were uncharacteristically coy following Monday’s budget negotiations, Gov. Dannel P. Malloy made it clear lawmakers are running out of time if they want to play a role in balancing state finances.