Press Releases
06/25/2017
Gov. Malloy: Administration Signs Tentative Contract with State Employee Unions
Tentative Agreement Will Save the State Over $24 Billion in Taxpayer Dollars
(HARTFORD, CT) – Governor Dannel P. Malloy today announced that his administration has signed a tentative contract with the state employee unions that will help create significant, long-term structural reforms to pension and benefit costs, generating billions in savings for taxpayers for many years to come.
“The agreement by the unions to move forward with a tentative contract that could save the state more than $24 billion is a promising step, clearly demonstrating that they want to be part of the solution to putting the state in a better and more stable financial position,” Governor Malloy said. “From the moment we began our earliest discussions, SEBAC leaders have proven to be willing partners; engaging with their own tangible offers and accepting the fact that the state’s financial reality will affect their members. Connecticut’s state budget needs serious people willing to make serious change, and thus far, SEBAC has answered the call. There are still several steps remaining, but it is truly a credit to our partners that the rhetoric surrounding the deal did not stifle their willingness to help. I also want to recognize the hard work and dedication of Secretary Ben Barnes, Lisa Egan, and the other members of the state’s Office of Labor Relations for working with SEBAC leadership to negotiate this historic deal.”
“This is good news for the people of Connecticut,” Lt. Governor Nancy Wyman said. “I applaud Governor Malloy and SEBAC for their commitment and thank them for their tirelessness in finding common ground. This is a difficult process, but it’s a necessary one to ensure we have a sustainable budget.”
Earlier this month, an actuarial analysis confirmed that the proposed structural reforms will produce over $24 billion in savings.
**Download: Tentative contract between Malloy administration and SEBAC
- Twitter: @GovMalloyOffice
- Facebook: Office of Governor Dannel P. Malloy