With thousands of retirements expected later this year, unions braced Monday for an uphill fight to preserve public services in 2022.
State Employees Bargaining Agent Coalition
Posted inMoney
CT reaches 2nd deal in three years to refinance employees’ pension fund
Gov. Ned Lamont checked off a key box on his budget to-do list Thursday, announcing a deal with state employee unions to refinance payments into the workers’ pension fund.
Posted inPolitics
Despite no leverage, candidates promise labor concessions
While all of Connecticut’s gubernatorial candidates say they want more concessions from unionized state employees, the reality is the next governor will have little leverage to force negotiations until his third year in office. So, how do you cut a state budget dominated by personnel expenses if you can’t eliminate personnel?
Posted inMoney
Malloy, unions strike deal to stretch out spiking CT pension costs
Updated at 3:50 p.m.
Gov. Dannel P. Malloy announced a deal Friday with state employee unions that would allow Connecticut to dodge a fiscal iceberg by holding down annual pension costs otherwise set to spike over the next 16 years.
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Malloy in talks with state unions to restructure payments owed pension fund
Gov. Dannel P. Malloy’s administration is in negotiations with state employee unions — but only over how to restructure payments Connecticut owes to its cash-starved employee pension system, not any changes in benefits or employee contributions.
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State union negotiator resists Malloy bid to reopen benefits pact
Gov. Dannel P. Malloy has formally asked to reopen a major benefits contract with state employees, but his request has been met with a qualified “no” from labor’s chief negotiator.
Posted inMoney, Politics
Labor savings: The big unknown in Malloy’s new budget
Gov. Dannel P. Malloy’s new plan to cut agency budgets almost 6 percent relies heavily on cutting labor costs. His critics say it can’t be done by downsizing staffing alone, but also requires concessions. And labor union leaders decry both approaches.
Posted inMoney, Politics
Some Democrats ready to talk about state worker concessions
Republican state legislators no longer are the only ones talking about an immediate need for new concessions from state employees. The top Democrat on the legislature’s Appropriations Committee, Sen. Beth Bye of West Hartford, confirms that Democrats on her panel have discussed the possibility of worker furloughs to mitigate recent cuts to hospitals and to services for the mentally ill and developmentally disabled.