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July 2, 2015

Malloy Vetoes Municipal Double-Dipping

by Christine Stuart | July 2, 2015 4:56pm

christine stuart file photo Gov. Dannel P. Malloy vetoed a bill Thursday that would have allowed municipal employees to double dip, collecting a pension and a salary at the same time.

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June 18, 2015

State Auditors Raise Alarm About Possible Overpayment of Disability Pensions

by Christine Stuart | June 18, 2015 5:30am

Responding to a whistleblower complaint, state auditors found retired state employees may be receiving disability pensions even though they’re no longer disabled.

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May 12, 2015

AARP Survey Finds Support For Public Retirement Plan

by Christine Stuart | May 12, 2015 1:21pm

Shutterstock A new survey of 452 small business owners in Connecticut with fewer than 50 employees found two out of five don’t provide a retirement savings plan. The survey conducted by AARP also found that one out of five business owners don’t have a retirement plan for themselves.

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March 30, 2015

Lawmakers to Consider Preventing Convicted Politicians from Running Again

by Jordan Fenster | March 30, 2015 5:30am

Jordan Fenster photo State lawmakers will soon debate a bill that would prevent politicians convicted of corruption from running for office after their sentences have been carried out. It’s not the first time such a measure has been considered, as U.S. Sen. Richard Blumenthal championed a similar bill in 2008 when he was Connecticut’s attorney general.

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February 2, 2015

Both Parties Look At Eliminating Tax On Social Security Income

by Cara Rosner | February 2, 2015 5:33pm

Shutterstock Connecticut is one of 13 states that taxes seniors’ Social Security income, a practice Democratic and Republican lawmakers alike are hoping to end.

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December 26, 2014

OP-ED | Political Courage Needed to Effectively Tackle Deficit

by Will Hermann | December 26, 2014 11:48am

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No matter who is governor of Connecticut, the problem of projected state budget deficits likely will never be addressed in the long term. This problem is mainly an institutional one because a governor has more to gain politically by using budget gimmicks to address short-term deficits than by making the tough decisions that are necessary to address the problem in the long term.

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December 13, 2014

OP-ED | Omnibus? Try Ominous

by Sal Luciano | December 13, 2014 7:53pm

In case you missed it, there’s a monster lurking in our nation’s capital. It’s assumed the form of a 1,603-page, $1.1 trillion spending package written (allegedly) to avert another government shutdown.

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December 5, 2014

OP-ED | Yelmini Says Union Leaders Are As Guilty As Rowland for Pension Debt

by Suzanne Bates | December 5, 2014 1:24am

Posted with permission from The Hartford Courant
For years union leaders agreed to underfund the state’s public pension funds in exchange for perks offered up by whoever the governor was at the time — whether the perks were increased pay, greater job security, or an early retirement scheme.

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December 3, 2014

Funding Ratio Falls for State Employee Pensions

by Christine Stuart | December 3, 2014 6:30am

An actuary hired by the state recently estimated that pension obligations for active and retired state employees totaled $51 billion in 2014, and the funded ratio over the past two years has declined slightly.

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October 29, 2014

Candidates For State Treasurer Spar In Their Only Debate

by Christine Stuart | October 29, 2014 9:28pm

Courtesy of NBC Connecticut The one and only 25-minute debate between Democratic State Treasurer Denise Nappier and Tim Herbst, her Republican challenger, wasn’t long enough. The two candidates sparred after the debate at NBC Connecticut’s West Hartford studio.

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