Associated Press
Updated: Jan 27, 2012 3:51 PM
HARTFORD, Conn. (AP) — A nonpartisan analysis shows a $3.1 billion difference between how much Gov. Dannel P. Malloy expects to save from changes to the state's pension plan, and how much the General Assembly's budget office is now projecting.
In a letter to Republican leaders on Friday, the legislature's Office of Fiscal Analysis said the pension portion of the labor concessions deal reached last year between the Democratic governor and state employees will generate approximately $1.7 billion in savings over 20 years. Malloy's budget office, however, has said it would save $4.8 billion over 20 years.
Republicans had asked OFA to analyze Malloy's projected pension savings.
Senate Minority Leader John McKinney said lawmakers need to consider stronger pension changes when they return next month.
A message was left seeking comment with Malloy's office.
Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Comments
scotto | January 30 2012 4:04pm
Does Gov Malloy care for anyone else in the state besides the state workers? All he appears to worry about is fully funding the bloated and fiscally suicidal pension plan. How can you really negotiate with the public sector unions when they are giving you money for re-election?
northlander41 | January 30 2012 12:59pm
Malloy and the other CT Democrat lawmakers will never "really" address the Union pension issue. The Democrats have created this Issue as they have worked hand and hand with the Unions to maintain the Democrat majority in CT for decades. They play games to make it sound like they are addressing it but it's not true - the Unions rely on the Union dues collected by the State on their behalf and the CT Democrats rely on Union support for reelection - it's been that way here forever. The only way is to elect Republicans and do like Walker did in Wisconsin - take away the collective bargaining madness!! The collective bargaining is a joke - it's causes the work product of state workers to plummet and their pensions/salaries to explode - exactly opposite of what would benefit the CT taxpayers! The Democrats must be replaced!
Hosed-by-the-system | January 30 2012 8:08am
lol.........I still laugh about the "suggestion" box............most stupid thing I have ever heard................well..almost..........
Mike | January 29 2012 11:27am
Don't worry; the employee suggestion box will save the day!!
Hosed-by-the-system | January 27 2012 4:11pm
LOL.............I have been sayin over and over.......this idiotic administrations #'s are WAY off.................like I said, wait until closer to the end of the fiscal year............hang onto your wallets people............
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