Republican Legislators suggest the following concessions be pursued in upcoming contract negotiations:
- Requiring all non-hazardous duty workers to contribute 4 percent of their salary toward their pensions.
- Capping cost-of-living adjustments to future retirees’ pensions.
- Calculating pensions using only base salaries (excluding overtime).
- Developing a new, hybrid retirement plan that relies partly on a defined contribution for new workers.
- Suspending longevity payments for all workers after April 2016.
- Increasing state employee health and dental insurance premiums by 10 percent.
- Increasing drug co-payments for both existing employees and retirees.
- Only granting state employees cost-of-living raises next fiscal year.
Read the CTMirror article for greater detail.
Posted 11/13/2015