Retirement Security

State Employees Vote to Secure Jobs, Extend Benefits & Protect Services

Union members gathered in Hartford earlier today to announce that a strong majority of their colleagues have ratified agreements to shield against layoffs and preserve their healthcare and retirement security. The news came at the conclusion of a three weeks-long period in which approximately 25,000 state employees voted by a 5 to 1 margin to accept negotiated cost savings. In addition to a master agreement covering pensions and health benefits, union members also ratified 33 individual five-year contracts, retroactive to July 1 of last year.
 
Click here for the master agreement approved in June by union leaders.
 

Defending Retirees from Predatory Wall Street Fees​​

A new report reveals billions in potential savings if pensions slashed fees paid to hedge fund managers who invest in risky "alternative" assets such as private equity. The research, completed by our national union, for the first time quantifies the massive wealth transfer that has placed Americans' retirement security in peril. The findings are particularly important to understanding and resolving the mounting fiscal crises on states' balance sheets — the costs of which are ultimately being borne by taxpayers.
 
Click here for the full report.
 

Rejecting the Failure to Deliver Shared Prosperity

The governor and lawmakers from both parties this past week released three separate proposals for narrowing wider state budget gaps anticipated in the next two fiscal years. These political leaders once again failed to offer long-term solutions that would grow the economy or commonsense strategies to stop endless cycles of deficits. Instead, their latest proposals rely heavily on austerity policies that would unfairly balance the budget on the backs of working families.
 
Click here for a side-by-side comparison of the proposals.
 

Working Hard to "Prevent an Economic Disaster"

News that layoff notices for as many as 1,100 state employees will be delivered this week is causing considerable anxiety and frustration for union members and the public they serve. Governor Dannel P. Malloy announced the job cuts in late April — despite ongoing efforts to urge better choices than slashing vital services or the workforce that delivers them. Since then his administration's budget officials have warned of worsening deficits, adding urgency to a deepening crisis.
 
Click here for our previous update on the layoffs announcement.
 

Public Employees Converge on the Capitol to Defend Rights

With chants of "We Will Fight!," a crowd of nearly 1,500 on Friday took over Minuteman Park in Hartford to denounce lawmakers' proposals to silence the voices of working people. The rally was organized by members of unions representing Connecticut's public sector workforce as part of a series of actions throughout the day at the State Capitol complex. They came to resist 77 individual bills that, if passed into law, would roll-back collective bargaining rights and undermine state and municipal public service employees' pay and benefits.
 

State Employees Defend a Voice for All Working People

Thousands of union members last week packed the Legislative Office Building (LOB) in Hartford to express their opposition to a dozen bills threatening a voice for all working people. The legislation — all sponsored by Republican lawmakers — drew condemnation from a diverse cross-section of the state's labor movement. Public employees in particular turned out in force to denounce the most egregious proposals jeopardizing their fundamental collective bargaining rights.
 
Click here for press reporting on the legislative hearing.
 

Public Sector Compensation Myths Debunked

A respected non-partisan research organization has exposed a deceptive attack on Connecticut public employees designed to diminish the effectiveness of the vital services they deliver. An Economic Policy Institute (EPI) study released last week discredits oft-repeated claims by anti-union special interests that public-sector workers in Connecticut are “overcompensated."
 
Click here for the study.
 

Agreement Reached to Shore Up State Employees' Retirement Security

Representatives of the 15 unions in the State Employees Bargaining Agent Coalition (SEBAC) yesterday reached agreement with the administration of Governor Dannel P. Malloy to restructure state employee pension fund payments. The agreement does not impact members' retirement benefits or require increased employee contributions; it does, however, stabilize pensions by ensuring obligations to current and future retirees are fully funded.
 
Click here for the signed memorandum of understanding (MOU).
 

Assistant Attorneys General Unite for a "Voice and a Seat at the Table"

Hartford - Assistant attorneys general (AAGs) by a nearly 2-to-1 margin have voted in favor of union representation in an election overseen by the Connecticut State Board of Labor Relations (SBLR). The ballots cast by the bargaining unit of 179 legal professionals employed by the Office of the Attorney General (OAG) were counted yesterday following two weeks of voting by mail.
 

Labor Day 2016: Why America Needs a Strong Movement for Working People

Our national union president in her annual Labor Day message reminds us how a strong labor movement has helped workers, our communities, the economy and our democracy grow and thrive. Randi Weingarten additionally uses the occasion to call on all our members to join her in taking action to support policies that make it easier, not harder, to join a union:
 
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