And that total is expected to grow considerably between now and July 1. Full legislature expected to vote before May 4, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email a link to a friend (Opens in new window). Prefer listening instead of reading? This would save you 1.5% for hazardous duty retirees and 2% for non-hazardous waste retirees. Retirees that qualify for Medicare are currently reimbursed for the full standard Medicare Part B premium by the State. For more information, see Requirement for Proof of COVID-19 Vaccination for Air Passengers. Please reload the page and try again. This proposed contract is a raw deal for the working people of this state, Sen. Ryan Fazio (R-Greenwich) said. There was an agreement made in 2017 with the State Employees Bargaining Agent Coalition (SEBAC) that included many changes to state employee retirement benefits. CT DOT faces criticism following overnight tree-cutting, Haar: Payouts at fading CT trash agency offer lessons in a crisis, State nursing homes could face fine due to too many empty beds, CT legislators revive debate over firefighters' cancer benefits. You can do that when you dont have to run the ship. The managers who will receive the raises include division heads at state agencies, as well as commissioners and. The state is also hoping the increases will also attract more people to state-level management positions. With more than $95 billion in unfunded retirement benefit obligations and bonded debt, Connecticut owes more per capita than most other states. How will schools be implementing to curriculum requirements? The contracts allow workers to accept the $2,500 extra payment and still retire before July 1. Some Republicans have said the hefty bonuses are only an election-year stunt from Lamont, a Democrat, to shore up his standing with his labor base. The Democratic-controlled Senate voted 22-13 along party lines to approve the contracts, which cover about 46,000 workers the bulk of the state's workforce. The definition of "wealthy" is set by the Under the plan approved Tuesday, full-time state workers would receive a raise ranging from 2.3% to 9% depending on their pay grade, with the lowest grades receiving higher raises. Dannel Malloy included a provision to change the COLAs for state employees who retire after July 1, 2022. Lamont also has taken criticism from Republican legislators and others who charge the Democratic governor, who is seeking re-election this fall, is simply trying to curry favor with his labor base, at taxpayers expense. Thats because state governments coffers are flush with cash as never before. More than 3,400 state employees have retired or have filed written intention to retire this year, but that number is expected to increase before July 1. What elements of the cost of living adjustment are changing? Republican House Leader Vincent Candelora of Branford, in a statement following Thursdays announcement questioned how the raises will affect not only current contract talks with union negotiators for rank-and-file workers who want more pay, but also the work of a new task force charged with studying this issue and reporting back to the legislature., Candelora attributed the structural gulf between non-union managers and unionized employees to a vicious circle that's fueled by people at the Capitol whose baseline position is to give state employee unions everything they want.. While we wait to see the thousands of individual and committee bills that while dominate the myriad policy debates this year, Yankee Institute is hard at work promoting free-market solutions to the problems we face from Stamford to Putnam and Mystic to Salisbury. In addition, full-time workers would receive a $2,500 bonus in mid-May and another $1,000 bonus in mid-July. Base pay may increase by an average of 3.9% in 2022, the largest one-year projected hike since 2008, according to The Conference Board's latest wage survey of 240 companies, the majority of. The Office of the State Comptroller reports that state government found a way to spend $47.11 billion in 2022 and, if trends continue, we can expect that number to grow even more going forward. Thank you for being generous with your email. 44 crash, Over 100 animals rescued, 7 found dead on Conn. farm, Bloomfield police follow footprints to shooting suspect, Avon police warning homeowners after string of burglaries, Old Saybrook family grateful for Rare Disease Day, National charter school org honors late Rep. Williams, Eyedrops infected Conn. nursing home patients, Unofficial special election results for CT House, Milford school brings galaxy to classroom with planetarium, Mohegan Tribe opposes current CT river renaming bill, Do Not Sell or Share My Personal Information. The pay . But more than that, this is a necessary contract so that we can hold on to the best and brightest.. 10:27 pm, When will REtirees see the 6% in pensions im tier 2, TO vinny, you get The first increase 9 months after you retire, 60% of CPI W. The virtually inevitable pay hikes and favorable benefit modifications will then be classified as hardship pay to reward for employees for their phantom frontline service.. If you worked in CT and then decided to retire elsewhere, then the number of plans you can choose from will be more limited. Most plans require at least 25 years of service with the State. Lamont should instead ask big corporations and the states richest residents to contribute their fair share, according to the Hartford Courant. Retirees would get 2% more in pension benefits each year and a 2% cost-of-living adjustment. The best long-run thing for the state pension system is to have inflation just at or above 2%. Nonprofits say their state funding has grown little over the past decade-and-a-half, and since 2007, after adjustments for inflation, funding actually has fallen by $461 million. Keith is a graduate of and a former journalism instructor at the University of Connecticut. Rob Baril, the president of SEIU 1199, in July 2021 arguing that state employees deserve raises. It seems the safest short-term solution is to declare the area off-limits for humans at least for the near-term future, pending additional studies. Please stop trying to buy votes from the state workers and recognise you have much broader responsibilities, James Solberg, a financial services executive from Darien, testified Monday. The Tennessee General Assembly has passed the FY2021/2022 state budget, including funding for state employee performance raises, bonuses, benefit increases, and various salary adjustments. We hope their support inspires you to donate so that we can continue telling stories that inform, educate, and inspire you and your neighbors. State Rep. Matt Ritter, the Democratic speaker of the House, says for Republicans to propose tax cuts without some legal guidance and clarity is irresponsible. Your donation today will allow us to continue this work on your behalf. Ned Lamont previously touted. Ned Lamont is negotiating a new wage contract with the State Employees Bargaining Alliance Coalition. This means they will apply to all Connecticut employees whose date of retirement is on or later than August 1, 2022.1 The 2022 Changes fall into three different categories: In addition, the state budget would increase the minimum wage to $15 an hour for those workers. Another benefit of continuing to work is that it shortens your retirement horizon putting less pressure on your income in retirement. By Jessie Bur. To contrast, it may be a good time to retire for a 62-63 year old who is collecting Social Security with significant savings in other retirement plans. Any wage hikes and benefits would come on the heels of big wage increases in 2019 and 2020 under the old wage contract, which expired this past summer. The study also found that Connecticut state employees are compensated 33 percent more than a similar private sector employee when pension, healthcare and other fringe benefits are taken into account. But the votes followed a robust, three-hour public hearing during which state employees argued the raises would help reverse a staffing crisis and also were overdue, given the many concessions unions granted over the past 12 years. They arent in residential group homes. Ned Lamonts administration. Beshear's first two-year proposed budget in 2020 included his promised $2,000 raise for all full-time public school teachers and a 1 percent salary increase each year for state workers. For example, an employee earning 50,000 may receive a $2,500 pay increase resulting in . Therefore, the elimination of the minimum cost of living adjustment is something to consider for those who plan to retire after the cutoff. House passes raises, bonuses for CT state employees By Keith M. Phaneuf / CTMirror.org Published April 21, 2022 at 5:22 PM EDT The House of Representatives approved a four-year package of raises Thursday that includes $3,500 in bonuses later this spring and summer for about 46,000 unionized state employees. Sign up for free Patch newsletters and alerts. Now lets look at the changes to insurance premiums after July 1, 2022. How will state and local budgets be affected by fewer federal resources? 2022 or later, the State will split the extra cost the feds charge to wealthier retirees. $3.1 billion rainy day fund$3.95 billion in black ink this fiscal yearA grand total of slightly more than $7 billion. Ideal timing for the announcement would be between Christmas and the New Year. Within Tier 1 there are Plans A, B, and C which are based on your annual salary. "To my knowledge, university employees are not included in the pay raises for state workers," she said. Connecticut Property Taxes In Every Town: Who Pays The Most? Connecticut Property Taxes In Every Town: Who Pays The Most? McCaw said some of the prior management positions that are now unionized include the assistant attorney general, state police captains and lieutenants, supervisors with the Department of Children and Families, parole managers and deputy wardens. But Osten said the agreements are essential to maintain a state workforce that is at its smallest size since the 1950s, an argument Lamont has made as well. Here are five things to know about the deal: Employees covered by the State Employees Bargaining Agent Coalition would get a 2.5 percent wage increase and step increases retroactive to July 1, 2021. A) September 1, 2021 State Employee Bonus Item 477, paragraph JJ authorizes a $1,500 one-time bonus to all full time salaried classified employees of the Executive Branch and other full time employees of the Commonwealth, except elected officials, who were employed on April 1, 2021, and remain employed until at least August 24, 2021. Livingston said the unions were prepared to seek a general wage increase of 3% or more and that an arbitrator already had approved a 3% bump for the current fiscal year. They also cover the next two fiscal years and potentially 2024-25 as well. Kay Ivey, a Republican, has called for upping state employee and teacher pay by 4%. To that end, we have produced a new edition of our Charter for Change. Marc can be reached at, Connecticut saw a 1,600 decrease in nonfarm industry positions in December, while November private sector gains (3,300) were revised down [], Eviction cases in Hartford and Bridgeport have remained far below historical averages since the Supreme Court overturned the federal eviction []. The unions have already ratified the contracts. . A cost of living adjustment is a change in ones retirement benefit to account for increasing prices caused by inflation. Polis said the benefits guaranteed in the agreement with Colorado WINS will help "ensure that we can attract great people to our state workforce to do the work of the public for . Budget panel endorses raises, bonuses for CT state workers Full legislature expected to vote before May 4 by Keith M. Phaneuf April 18, 2022 @ 1:08 pm Rob Baril, the president of SEIU 1199,. The House, where Democrats also hold a majority, approved the package 96-52 on Thursday. Therefore, the first thing you should do is sit down and figure out a monthly budget that will allow you to live the lifestyle you want to live in retirement. Those who were previously part of Tier 1 and 2, left their job, and then were rehired after July 1, 2011, would also find themselves within the Tier 3 plan. Gov. After July 1, 2022, there is going to be a change to IRMAA that may negatively affect certain individuals. Wilton Selectwoman Kim Healy called the cost of the raises and bonuses shocking and warned taxpayers wont appreciate these contracts. Osten said the raises reflect the valuable work state employees provide daily, and particularly throughout the coronavirus pandemic. 2:19 pm. The managers who will receive the raises include division heads at state agencies, as well as commissioners and deputy commissioners. Additionally, the 62-63 year old would be able to pay the lower insurance premiums until they reached 65 years of age. And with $3.1 billion in its rainy day fund and a $2.7 billion surplus forecast for the current fiscal year, the states short-term fiscal position is strong. Cha c sn phm trong gi hng. community-supported public media service, Connecticut Public has relied on donor support for more than 50 years. March 17, 2022 Veterans Pay Raise Hiring The Veterans Affairs Department is seeking more authority to boost pay for its employees and hire new ones faster, while also vowing to offer. The announcement Thursday from the governors office of the 7.5% raises comes as union workers ramp up their fight for wage increases in their new contracts, which they are currently negotiating with the state. With that in mind, there are two significant changes to the CT State Employees Pensions that will affect those who retire on or after July 1, 2022. This portion of the plan is not going to change, although there is an additional premium for Medicare Parts B and D that we should discuss. Andrew Cuomo delayed a 2 percent raise for state employee raises for 90 days. This proposed contract is a raw deal for the working people of this state, said Sen. Ryan Fazio, R-Greenwich, who noted state workers, on average, would receive more than $10,000 in total added compensation over four years. The Senate gave final approval Friday to a four-year package of raises for state employees that includes $3,500 in bonuses to help stem a surge in worker retirements. HARTFORD Connecticut Republicans questioned bonuses of $3,500 for some state employees Thursday in a pay-increase package that requires legislative approval in the coming two months. Ned Lamont pitched an income tax cut in CT. Heres an overview of his proposal, Lamont, legislators heading for a battle over CT spending cap, State Employees Bargaining Agent Coalition, Proudly powered by Newspack by Automattic. Alabama Gov. Ned Lamont defended raises and bonuses Tuesday that could boost state . November 3, 2021 @ The Democratic-controlled Senate voted 22-13 along party lines to approve the contracts, which cover about 46,000 workers the bulk of the states workforce. The state and unions have the option of continuing the same level of raises for the fiscal year beginning July 1, 2024, or they can negotiate different compensation levels. The Consumer Price Index for Urban Wage Workers and Clerical Workers known as the CPI-W increased 6 percent between July of 2020 and July of 2021, according the Bureau of Labor Statistics, with the price of nearly everything increasing substantially in recent months. Were losing some of our best and brightest as they seek other parts of the country where its easier to make a living. UnofficialCaStatePS 2 yr. ago I genuinely wonder if they would do it that way though. Meanwhile, for the 170,000 K-12 employees, a $2,000 bonus is on the way before June 30. State Budget passes including significant funding for state employees TSEA April 29, 2021 0. "The state has to live within its means just like the families and businesses we serve and represent," Lamont said in a statement when the deal was announced. Tennessee Code Annotated, 8-36-801 dictates the COLA award. As we noted in a report andCT Mirrorop-ed last year, the debate over whether were in a national recession really misses the point for Connecticut residents. Lamont a couple of weeks ago said he would prefer a general pay raise be postponed and that state employees on the front lines of the pandemic should receive hazard pay. Note: the above image is a chart for the CPI-U, not the CPI-W. Keith M. Phaneuf / CT Mirror; Mar 9, 2022 . Wednesdays Warrior: AJJ Foundation offers music, CT Transit bus driver injured in Rt. This differs from public transport where the pick-up and drop-off locations are decided by the service provider, not by the customers, although demand . All Rights Reserved. It also created a hybrid 401k-style/pension plan for new state employees that is far less generous than the plan for current employees at the time. 4 Things to Know Before Doing a 401(k) Rollover with Raytheon (RTX), 8 Things to Know Before Buying a Second Home in Retirement, Morrissey Wealth Management LLC, 116 Washington Avenue, North Haven, CT, 06473, United States, 2 Upcoming Changes for CT State Employees Pensions in 2022, Avoid Overpaying for Medicare in 2021 and Beyond, Properly Estimating Retirement Cash Flows, A Retirement Income Planning Strategy That Works. Prior to joining CT Mirror Keith was State Capitol bureau chief for The Journal Inquirer of Manchester, a reporter for the Day of New London, and a former contributing writer to The New York Times. Photos: Iconic Landmarks To Visit Across CT. Connecticut should be a place where everyone can thrive and with your help, it will be. For example, a 60 year old who is qualified to retire but calculated that money will be tight may want to continue working. In addition, full-time workers would receive a $2,500 bonus in mid-May and another $1,000 bonus in mid-July. There are a few strategies one can take if they are thinking about retirement. The Executive Branch workforce, already down 10% over the past decade, is shrinking faster as retirements surge this spring. So, more outsourcing would compound the squeeze on the nonprofits, either rendering their condition even more precarious or necessitating a significant increase in their reimbursement rates. Stateline Story December 21, 2021. The negotiated raises were set for mid-April and Cuomo's move drew ample condemnation from New York's public sector unions. As state budget negotiations continue, lawmakers have agreed to across-the-board salary increases for state employees by 5.38 percent to address rising inflation. Ned Lamont previously touted the agreement as a way to retain state employees amid a wave of potential retirements. 2022, for employers with 26 or more employees. Part of the 2017 SEBAC Agreement between the State Employees Bargaining Agent Coalition and Gov. Howard Drescher of Mansfield, whose daughter has struggled throughout her adult life with mental illness, said the nonprofit community agencies that the state relies on to provide most of its social services cant take another fiscal hit. Hurley. CONNECTICUT Thousands of state employees received a scheduled raise Wednesday despite Gov. Private-sector employees can only dream of having that, said Sen. Henri Martin, R-Bristol. The governor's spending plan would add the $5,000 raises for full-time employees to the 2022 budget and make a permanent $5,000 cost-of-living adjustment in fiscal year 2023, which starts July 1. DARRELL HACKETT According to information provided by the staff of the Legislative Budget Committee, $6.9 million has been set aside for the state employee pay raises for the upcoming fiscal year, starting July 1. If you worked and retired in CT, then you will have access to more options. It came with a wage freeze from 2016 to 2019 and layoff protection from 2019 to 2021. This way you could avoid paying the recently increased premiums for your insurance. Beginning after the July 1, 2022 cut off, the State has relinquished their obligation to adjust pension payments at least 2% (current minimum) for inflation. Those who fall under the Tier 2 or 2a plans must be either age 60 with 25 years of service or 62 with 10 years of services to be eligible for normal retirement. Besides, all three of these difficult and only marginally helpful alternatives share one huge liability: The SEBAC unions will fight them tooth and nail, because all three reduce the number of unionized state employees paying dues to the union. The easiest way out of the crisis is to keep employees on board by offering them generous pay and benefit incentives. From salaried and hourly paycheck calculators to . Each year includes a 2.5% general wage increase, as well as a step hike for all but the most senior workers. Also that number would be $53,582.00. Theirs includes a child tax credit set to begin in 2024, and an expansion of the earned income tax credit for the working poor. How many hours (maximum) per day, week and year can a person work? At issue are raises and bonuses for 35 bargaining units that negotiated tentative contracts earlier this spring with Gov. Today were living in a post-COVID world, where employees and not employers are ruling the job market, said Sen. Cathy Osten, D-Sprague, co-chairwoman of the Appropriations Committee. Consistently, studies show that the compensation of Connecticut state employees exceeds average private sector compensation by one of the highest margins of the 50 states. He could outsource functions, but the state already pays outside providers an enormous amount about $1.4 billion annually to nonprofits. Republicans countered Friday that the raises and bonuses far outstrip what households in the private sector are receiving. Local SIDS Coordinators; Risk Reduction . In other words, the State will pay the full standard premium, plus half of any extra. Livingston and Jeffrey Beckham, Lamonts budget director, said the deal is more economical than many realize. Whoops! But Im here in support of those folks who cant be here.. We would recommend checking out my podcast episodes Properly Estimating Retirement Cash Flows and A Retirement Income Planning Strategy That Works as they would provide useful guidance on this process (put retirement budget here). Missouri Gov. The agreements, which unions ratified earlier this spring, are retroactive to the start of this fiscal year, which began last July 1. [your comment section will not enable me to type this in lower case] stop with the money illusion. Retirement: Appropriators provided funds sufficient to pay the annual retired contribution amount on the state's retirement plan. Are more state employees retiring than usual? As introduced before the House Appropriations Committee Wednesday, the 2022-23 State Employee Pay Plan would keep base salary wages for most state employees stagnant through fiscal year 2022, which runs from July 2021 to June 2022, and then provide a 55-cent-per-hour raise in fiscal year 2023. All Rights Reserved. The CREATES report noted that 8,000 employees are eligible for retirement before July 2022 and identified 200 opportunities totaling $600 to $900 million of potential value., **Ken Girardin contributed to this article**, So of you retire prior to October 2021 and receive Your Cola 9 monthe later in July 2022 , will you receive above the normal 2 percent since inflation Is hIgh. Ned Lamont contracted with the Boston Consulting Group for a report of how to increase state government efficiency. Within Tier 1 there are plans a, B, and particularly throughout coronavirus. [ your comment section will not enable me to type this in lower case ] stop with state! When you dont have to run the ship tight may want to continue work... $ 2,500 bonus in mid-July other parts of the minimum cost of living adjustment are changing on! Your retirement horizon putting less pressure on your annual salary came with a wage freeze from 2016 to and! 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