Lamont Holds Firm On Teacher Pension Costs, Backs Away from Cost of Living Adjustment [View all]

EAST WINDSOR, CT — Gov. Ned Lamont inched away Tuesday from a fight with state employees over cost of living adjustments for future retirees, but he’s not backing down from a fight with municipalities over picking up part of the teacher pension costs.

Following an unrelated press conference Tuesday, Lamont said he thinks cities and towns should help fund some of the teacher pension costs.

The legislature’s Education Committee stripped language from a bill that would require “non-distressed municipalities” to pay 25 percent of teacher pension costs and “distressed municipalities” to pay five percent of teacher pension costs.

“Look it’s the right thing to do,” Lamont said. “We’re picking up all the legacy costs.”

Read more: https://www.ctnewsjunkie.com/archives/entry/20190410_lamont_holds_firm_on_teacher_pension_costs_backs_away_from/