Gov. Lamont unveils proposal to overhaul teacher pensions

Gov. Ned Lamont proposed a major overhaul of teacher pensions Tuesday.

News 12 Staff

Feb 19, 2019, 10:43 PM

Updated 2,132 days ago

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Gov. Lamont unveils proposal to overhaul teacher pensions
Gov. Ned Lamont proposed a major overhaul of teacher pensions Tuesday.
The governor projects overhauling teacher pensions will save Connecticut $2.8 billion over the next five years.
In a potentially unpopular move, Lamont also wants towns and school systems to pay at least 25 percent of all teacher pension contributions. Right now, the state covers all those costs. A similar proposal last year faced massive opposition.
Lamont also said Tuesday that he will not propose a new grocery tax, but he will propose extending the state's sales tax to include digital downloads.
The governor will lay out his new budget plan Wednesday. He plans to propose two versions of highway tolls, an idea that's deeply divisive in Connecticut.
News 12 Connecticut will carry Lamont's budget address live Wednesday at noon.