teachers’ pension

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Malloy plan hands poorest municipalities a life preserver and an anchor

Gov. Dannel P. Malloy wants to help Hartford and Connecticut’s poorest communities stabilize their local budgets. But he also wants all municipalities — including the poorest — to begin paying one-third of teacher pension costs set to explode over the next 15 years. Those goals may not be politically compatible. Continue Reading →

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Malloy calls for big change in pension financing, modest business tax cuts

EAST HARTFORD — Gov. Dannel P. Malloy outlined Wednesday a sweeping plan to overhaul state government’s pension system, pushing some costs off for a decade and a half to control spiking costs that he argued could drive up taxes and drain vital programs. He also proposed modest cuts in business taxes and a cut of 500 state workers. Continue Reading →

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