[learn more] Contact the Customer Service Center Retirement Services Division Office of the State Comptroller 165 Capitol Ave Hartford, CT 06106 (860) 702-3480 osc.rsd@ct.gov More state retiree information 2022 12:01 am . Keith is a graduate of and a former journalism instructor at the University of Connecticut. The federal government adjusts that threshold amount each year. The workers will also receive. Prior to joining CT Mirror Keith was State Capitol bureau chief for The Journal Inquirer of Manchester, a reporter for the Day of New London, and a former contributing writer to The New York Times. As discussed above, a SERS member who retires today will not be eligible to receive a COLA until at least nine months have elapsed from the members retirement date. Deserves got nothing to do with it, Rep. Thomas ODea, R-Ledyard, said, citing the famous dialogue Clint Eastwoods Western outlaw uttered in Unforgiven, the 1992 Academy Award-winning film. The hourly base pay of a Step 1 GS-11 employee is $26.72 per hour1 . The amount of a given employees premium, and the percentage for which the employee is responsible, will depend on (i) the type of benefit plan the member has selected, (ii) the number of members of the employees household who are covered, and (iii) their retirement status. The $3 billion in budget reserves and $4 billion in projected surplus pales in comparison with the $95.4 billion in long-term unfunded obligations Connecticut has, ODea said, referring to the combined pension, retirement health care and bonded debt the Lamont administration listed last November in its annual Fiscal Accountability Report. Employees who have retired under an Early Retirement pay different percentages for their healthcare coverage. The agreement would cost the state nearly $1.9 billion over four fiscal years, according to nonpartisan fiscal analysts. Health care costs can vary from place to place in Connecticut, as they do in other states. This additional premium is known as the Income-Related Monthly Adjustment Amount, or the IRMAA.. For employees in the Alternative Retirement Program (ARP) - for higher education employees - the employer contribution to ARP will decrease by .75 percent. Were hemorrhaging workers right now, DAgostino said. If fewer than 15 years of service, use 15. There was an error and we couldn't process your subscription. Currently, the first COLA that a member may receive after his or her retirement is subject to two special rules. She previously worked at WTNH-TV and MyTV9 in New Haven, Connecticut. Part-time employees will receive a pro-rated payment. Compensation Schedules, JULY 1, 2019. Departments and Agencies Effective July 1, 2022, retirees will continue to be reimbursed fully for the standard premium for Part B. Employees Retirement System (also known as SERS). As a That, in turn, determines (i) whether the members pension will reflect an Early Retirement reduction, and (ii) whether the member will pay an Early Retirement rate (i.e., the rates listed on Appendix A to this memorandum) for retiree health coverage. More than 30 state employee bargaining units have ratified contracts that would provide more than 40,000 workers with $3,500 in bonuses by July, along with three years of raises, the State . State Employment Search Department of Administrative Services Classification and Pay Page 1 of 1 Compensation Plans Find a Listing of State Compensation Plans Look up State Job Classes A database of class specifications used in the State of Connecticut's Executive Branch. Governor Lamont wants the union vote next November, and he will doeverything in his power to get it at the expense of everyone else in Connecticut.. To understand the 2022 Changes, it is necessary to understand both the processes created by the SEBAC agreements and certain basic structures of the states benefits for retirees. In exchange for doing so, HEP participants qualify for lower monthly premiums, reduced copays and don't pay an in-network deductible. I think the governors being somewhat less than candid and frank with the public, Kelly said, adding that workers in the private sector arent enjoying compensation hikes close to those state employees would receive. Each employee should also give consideration to how long he or she wants to continue working; how he or she wants to spend the next few years; where the employee wants to live; what other obligations he or she has; and whether he or she will have additional sources of income in retirement. The contracts allow workers to accept the $2,500 extra payment and still retire before July 1. State government not only enjoys a $3.1 billion rainy day fund, equal to 15% of annual operating costs the maximum allowed by law but the current fiscal year is on pace to close an unprecedented $4 billion in the black. A new contract granting state police raises and a paid lunch break tops a list of six new labor deals that would cost $58 million collectively by 2022 and also could throw a last-minute. He has been the state finances reporter at CT Mirror since it launched in 2010. Effective July 1, 2022, State regular and contractual employees will receive a 3% COLA. As discussed above, Normal Retirement Age determines whether a SERS members retirement counts as a Normal Retirement or as an Early Retirement. But that surge followed a nearly decade-long stretch in which state tax receipts from the same source badly underperformed. The agreement announced Friday also includes special lump sum payments of $2,500 for active employees. It is possible to consider them in purely monetary terms: At the end of my retirement, will I have received more money from the state if I choose to retire before the changes go into effect? Since 1997, the State has used a formula to calculate the minimum cost of living adjustment. It could be because it is not supported, or that JavaScript is intentionally disabled. For either Tier, however, members can find out what the reduction will be for any given date of retirement by consulting the Estimator on the website of the Retirement Services Division (the RSD), at https://www.osc.ct.gov/empret/tier2summ/workshop/disclaimer.htm. Its a way of saying job well done, he added. This memorandum will help you explain the 2022 Changes to employees who are planning their retirement by clarifying the following key facts: Taken together, what these facts show is that only a very limited number of employees who were planning to retire after the Effective Date may gain a clear advantage by changing their retirement strategy. The states robust, short-term fiscal position is a sugar high that will pass when the federal stimulus money goes away, ODea said. The agreements, which unions ratified earlier this spring, are retroactive to the start of this fiscal year, which began last July 1. Let us be clear. Sign it in a few clicks Draw your signature, type it, upload its image, or use your mobile device as a signature pad. Use the information below as a starting point for determining the best place to go for your health care needs. The 2022 Changes will increase the amount deducted from the retirement benefits of certain employees to pay for state-provided retiree health insurance. Anthem and United Healthcare/Oxford will have a new designation for in-network providers. This means smart health care shopping can help you pay less when you need care. Some of the features on CT.gov will not function properly with out javascript enabled. The earliest retirement date for employees who terminate their employment after the rules go into effect will be August 1, 2022. Corporate Support: Advertising & Sponsorship, saves the state about $150 million over the next decade. Its nothing more than a handout.. Governor Lamont justified these bonuses as a means to retain workers, House Minority Leader Vincent J. Candelora, R-North Branford, said. Anniversary Date (AI Date) Change for Certain Non-Represented Employees (E-Item 2271), Changes Anniversary Date from July 1 to January 1 for employees assigned to the MP, MD, SE, DM, CJ & VR, Labor units 02 & 03 pay plans, DAS General Letter 193 - Anniversary Date (AI Date) for Classes Covered by Collective Bargaining, Procedures for establishing anniversary dates for employees covered by collective bargaining agreements, Salary Increase - Cost of Living (COLA) for Certain Non-Represented Employees (E-Item 2090), Authorizes 3% Cost of Living Increase effective July 1, 2014 to employees assigned to the MP, MD, SE, DM, CJ-EX & VR, Labor units 02 & 03 pay plans, Salary Increase - Cost of Living Adjustment (COLA) & Annual Increase (AI) for Associate Attorney Generals (E-Item 2002), Authorizes a 3% Cost of Living Increase and a 3% Annual Increment not to exceed the maximum of the salary grade for Associate Attorney Generals, Salary Increase - Cost of Living Adjustment (COLA) for Certain Non-Represented Employees (E-Item 1935), Authorizes 3% Cost of Living Increase effective July 1, 2013 to employees assigned to the MP, MD, SE, DM, CJ-EX & VR, Labor units 02 & 03 pay plans, Salary Increase - Cost of Living Adjustment (COLA) for Certain Non-Represented Employees (E-Item 1942), Authorizes 3% Cost of Living Increase effective July 1, 2013 to specific titles assigned to the EX pay plan, Salary Increase - Cost of Living Adjustment (COLA) for Certain Non-Represented Employees (E-Item 2091), Authorizes 3% Cost of Living Increase effective July 1, 2014 for certain employees assigned to the EX pay plan, Salary Increase and Pay Plan Adjustments for Certain Non-Represented Employees (E-Item 2147), Authorizes a Certain Percentage salary adjustment based upon most recent pay increase for certain employees assigned to the EX pay plan, adjusts the EX pay plan and effective January 1, 2016 pay increases for EX mirrors MP, Salary Increase Cost of Living Adjustment (COLA) for Certain Non Represented Employees E Item 2664, Authorizes 3.5% Cost of Living Increase effective July 1, 2019 to employees assigned to the MP, MD, SE, DM, CJ-EX & VR, Labor units 02 & 03 pay plans, Salary Increase Cost of Living Adjustment (COLA) for Certain Non-Represented Employees (E-Item 2665), Authorizes 3.5% Cost of Living Adjustment to certain employees who are assigned to Bargaining Unit 01 effective July 1, 2019, The Democratic-controlled Senate voted 22-13 along party lines to approve the contracts, which cover about 46,000 workers the bulk of the state's workforce. Under current rules, the amount of a retirees COLA is calculated under a formula that accounts for a percentage of any increase in the CPI-W for the preceding year, but which guarantees an annual COLA of at least two percent. Negotiators . The state of Connecticut is in the best financial condition that I can recall, being up here 10 years, said Rep. Michael DAgostino, D-Hamden, who led the debate in favor of the raises. 02. This will be paid in the payroll that includes July 1, 2022. Copyright 2023 NBCUniversal Media, LLC. Senate expected to approve deal on Friday, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email a link to a friend (Opens in new window). Gov. But Republicans said the governors tentative agreements with more than 30 state employee bargaining units are little more than an election-year stunt to buy votes. Plans are designed for businesses with 2 to 50 employees. An arbitrator had already awarded some unions a 3% general wage hike for 2021-22 before Lamont and labor negotiators settled on a smaller cost-of-living bump and bonuses. Ned Lamont pitched an income tax cut in CT. Heres an overview of his proposal, Lamont, legislators heading for a battle over CT spending cap, Democrats hold three CT House seats in special elections, Lamont crosses aisle, nominates Bryan Cafferelli as DCP boss, State Employees Bargaining Agent Coalition, Proudly powered by Newspack by Automattic. CT 40 Hour 10 month Pay Plan Effective July 1, 2022. The first change is a change to the portion of the premium for state-provided health insurance that must be paid (through deductions) by retirees who (i) have taken a Normal Retirement and (ii) are not yet eligible for Medicare. Very truly yours, And that was before surging state income and business tax receipts pushed this fiscal years surplus from $2.7 billion to $4 billion. Get CT Mirror emails in your inbox daily. During that time Connecticut's average pension payment increased 15 percent from $34.589 in 2015 to $39,887 in 2020. Under current premium rates, these percentages mean that employees must pay between $0 to $101.14 per month for retiree health insurance. This deal was billed as a retention effort, said Rep. Laura Devlin, R- Fairfield, who is campaigning for lieutenant governor as the running mate of GOP gubernatorial contender Bob Stefanowski of Madison. To help keep your prescription copays low, we're introducing the CVS/Caremark Standard Formulary or the "Covered Drug List." State government not only enjoys a $3.1 billion rainy day fund, equal to 15% of annual operating costs the maximum allowed by law but the current fiscal year is on pace to close an unprecedented $4 billion in the black. The 35 labor contracts, which were ratified by the various unions last month, include 2.5% general wage increases and step increases retroactive to July 1, 2021. The last one specifically reduced benefits for those who retire after July 1, 2022, which had sparked this years rush of senior workers leaving the state employment. Doctors 40 Hour MD Pay Plan with 3 Additional Steps Effective July 1, 2022. But that surge followed a nearly decade-long stretch in which state tax receipts from the same source badly underperformed. That will be followed by 2.5 percent raises on July 1, 2022 and July 1, 2023. Knowing where to go when you need care can save you time and money. More than 30 state employee bargaining units have ratified contracts that would provide more than 40,000 workers with $3,500 in bonuses by July, along with three years of raises, the State Employees Bargaining Agent Coalition announced Friday. * Closed to new enrollment. There is no charge for enrollment in the MAPD. The user is on notice that . 03. The CT Mirror first reported on March 8 that Lamont had negotiated new wage agreements with roughly 43,000 unionized state employees covering the bulk of the states workforce. Employees who have retired under a Normal Retirement are responsible for the following portions of their premiums: From 0% to 1.5% for hazardous duty retirees and retirees with 25 or more years of service; from 1.5% to 3% for all others. But according to data released Friday from the comptrollers office, 2,086 workers have retired so far this calendar year, and another 1,330 have filed written notices of their intentions to retire before July 1. "Agreement Between Bridgeport Board of Education and Bridgeport Council of Administrators and Supervisors, American Federation of School Administrators, Local 46, AFL-CIO." 2019 - 2022. Over four fiscal years, according to nonpartisan fiscal analysts, short-term fiscal position is a graduate and! 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