Today is Thursday, 25th April 2024

CT State workers “close to making tragic mistake”

From Courant.com:

State workers, of whom I am one, are close to making a tragic mistake by rejecting the proposed concession agreement our union leaders negotiated. This would inflict significant damage on taxpayers, state workers and Connecticut’s economic future.

Despite charges that the agreement is a sweetheart deal, it isn’t. It is a meaningful effort to address major, long-term structural problems — the unfunded liabilities — in retiree health care costs and pensions. Failure to address those issues threatens their existence.

At the same time, it asks us to accept a two-year wage freeze and then modest salary increases — while having all employees contribute for 10 years to ensure their retirement health care benefits. The agreement also would gradually raise the retirement age for those retiring after 2022, except for employees qualifying under hazardous duty. Finally, the agreement asks us to participate in preventive medical care — common at major employers — that would improve our health and potentially save tens of millions of dollars.

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