Home » September 30th, 2011 Entries posted on “September, 2011”

New pension rules will nearly double debt on Connecticut’s balance sheet

New pension rules will nearly double debt on Connecticut’s balance sheet

Connecticut owes its employees billions of dollars in future pension benefits, a fact that is currently hidden in the footnotes of its financial reports, but a few changes on the way will make these debts more transparent. In addition to the money invested in the state’s pension funds, Connecticut owes employees about $25 billion in [...]

September 30th, 2011 | Posted in Features, General, State Budget | Read More »

Dodd-protégé Chris Murphy stumps in Boston

Dodd-protégé Chris Murphy stumps in Boston

Rep. Chris Murphy told the New England Council in Boston Wednesday that voters are frustrated with Washington – and he is, too. “I can’t live with government on the back of a napkin,” said Murphy, D-5th and a candidate for U.S. Senate, explaining his vote against the last-minute debt ceiling deal. Murphy, a Cheshire resident, [...]

September 28th, 2011 | Posted in Features, General | Read More »

Information overload? OPM doesn’t know how many reports it needs to write

Information overload? OPM doesn’t know how many reports it needs to write

Connecticut’s planning and budget agency, the Office of Policy and Management, is breaking the law – according to auditors – because the agency’s leaders don’t even know how many reports they are required to write. The General Assembly requires at least 100 OPM reports by law, auditors say, although there are no clear penalties for [...]

September 22nd, 2011 | Posted in Features, General, State Budget | Read More »

Gov. Malloy comes through for unions where legislature failed

Gov. Malloy comes through for unions where legislature failed

Gov. Dannel Malloy took steps today toward forcibly unionizing daycare providers and home health care workers in Connecticut. Malloy used two executive orders, his ninth and tenth, to make the first steps toward forcing these workers to pay union dues like most state employees – a boon to the very unions Malloy frustrated with the [...]

September 21st, 2011 | Posted in Features, General | Read More »

Retired warden had prison sex, collects pension behind bars

Retired warden had prison sex, collects pension behind bars

Neal Kearney, a former deputy warden with the Connecticut Department of Correction, is getting a different perspective on his old job – this time from behind bars. Kearney pleaded guilty to one count of second-degree sexual assault in June for getting sexual favors from a male inmate. He is serving a 30-month sentence in Corrigan-Radgowski [...]

September 20th, 2011 | Posted in Features, General, Taxes & Spending | Read More »

Six audits and 11 years later, overpayments still unresolved at SCSU

Six audits and 11 years later, overpayments still unresolved at SCSU

State auditors first notified Southern Connecticut State University that it overpaid employees in a December 2000 audit, a problem that persists unresolved in the most recent audit, issued almost 11 years later. The Auditors of Public Accounts reviewed ten payments to employees in 1998 and 1999 for unused sick and vacation time and found none [...]

September 16th, 2011 | Posted in Education, Features, General | Read More »

$13 million in Connecticut pension profits stuck in Taiwan

$13 million in Connecticut pension profits stuck in Taiwan

A $13 million profit from an investment in Taiwan is stranded on the island, unavailable to Connecticut’s pension funds, because the state Treasurer’s Office has failed to name an agent to handle its taxes there. The Taiwanese investment – up 16.8 percent annually, according to the Treasurer’s Office – is part of the diversification strategy [...]

September 15th, 2011 | Posted in Features, General | Read More »

Connecticut delegation pays staff $1.2 million in Q2

Connecticut delegation pays staff $1.2 million in Q2

Connecticut’s five Congressmen paid $1.2 million to 104 employees in the second quarter, according to the website Legistorm, including 14 who made more than $20,000. Rep. Rosa DeLauro, D-3rd, had the most expensive staff, $267,900, while Rep. John Larson, D-1st, had the most employees who made more than $20,000 during the quarter, five, including two [...]

September 13th, 2011 | Posted in Features, General | Read More »

Auditors find timecard forgery, 20 other problems at SCSU

Auditors find timecard forgery, 20 other problems at SCSU

State auditors have uncovered evidence of timecard forgery at Southern Connecticut State University, including suspicious signatures by a supervisor who was on vacation. The Auditors of Public Accounts released Monday their report on SCSU for 2008 and 2009 which found numerous problems with university practices. The auditors said a university employee got a new job [...]

September 2nd, 2011 | Posted in Education, Features | Read More »

UConn Health Center considers exclusive deal with unions on $864 million project

UConn Health Center considers exclusive deal with unions on $864 million project

The University of Connecticut Health Center is considering an exclusive agreement with union contractors on its $864 million revitalization project known as Bioscience Connecticut, despite concerns about legal challenges and the increased costs under such agreements. “We are evaluating options and a decision has not yet been made,” said health center spokesman Chris DeFrancesco. According [...]

September 1st, 2011 | Posted in Features, General, Health Care, State Budget | Read More »