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Actuarial Analysis Affirms Billions in Taxpayer Dollars Saved

JPE Union Board

Brothers and Sisters,

 

Gov. Malloy: Actuarial Analysis Affirms Billions in Taxpayer Dollars Will be Saved by Adopting Framework Reached With State Employee Unions

Governor Dannel P. Malloy today released a detailed savings analysis of the framework that his administration reached last month with the state’s employee unions, including independent actuarial analysis of its pension and healthcare provisions. The materials affirm that the proposed structural reforms to pension and benefit costs will result in billions in savings to the state, obtaining significant annual savings for taxpayers over each of the next twenty years. The analysis found the plan produces cumulative savings of $1.569 billion over fiscal years 2017 and 2018, nearly $5 billion in the first five years, and over $24 billion in savings over the next twenty years.

Read More: Gov. Malloy: Actuarial Analysis Affirms Billions in Taxpayer Dollars Will be Saved by Adopting Framework Reached With State Employee Unions

 

The documnet is titled Signed Framework.  Please review the document and feel free to email us if you have any questions. Also, you can go to  http://ctstateemployees.com/ to get some of your questions answered.

VOTE TO GO INTO FORMAL DISCUSSIONS

JPE No

CT Judicial Marshals No

AFSA Yes

CAP Yes

CT Police Fire Union Yes

CCCC Abstained

CSE-AAUP Yes

UCONN-AAUP Yes

UCHC-AAUP Yes

CSEA Yes

CEUI Yes

AFT-CT Yes

A&R Yes

1199 Yes

AFSME Yes

SEBAC:

 

In 2014, The Judicial Profession Employees Union successfully obtained its own SEBAC  seat and independent vote.  Over the last several months, all of us have heard or read of the State of Connecticut’s financial crisis. In the Governors opening speech to the legislature, he stated that he was looking for 1.4 billion in State Employee Concessions.  Top Union Leaders (one from each voting membership) has been meeting with the state on informal discussions. This means that both the unions and the State are meeting to look at the States Fiscal situation and what impact it may have on the State and State Employees.  I have copied (Form the SEBAC  Bylaws) the procedure for reopening the current SEBAC agreement. The full SEBAC can be found at www.jpeunion.net under the document section.

 

 There has been NO VOTE to enter in to formal discussion at this time.

 

However, if a vote is requested, then the rules outlined below will take place.

 

REOPENING AGREEMENTS: The following provision applies to a decision to engage in discussions which might reasonably lead to modifications of one or more the terms of a SEBAC agreement during the term of the agreement.

 

(a) A vote to engage in the discussions shall require an 80% vote of all SEBAC voting unions in good standing with the votes being counted per capita, and not more than 20% of the SEBAC voting unions voting in opposition.

 

(b) Additionally, if discussions begin pursuant to 10(a), above, a vote to reach a tentative agreement shall require an 80% vote of all SEBAC voting unions in good standing with the votes being counted per capita, and not more than 20% of the SEBAC voting unions voting in opposition.

 

(c) Additionally, if a tentative agreement is reached pursuant to 10(b), above, finalizing that agreement shall require a 2/3rds vote of all SEBAC voting unions in good standing with the votes being counted per capita, and not more than 1/3 of the SEBAC voting unions voting in opposition.

 

(d) A Union in good standing which chooses to abstain or otherwise doesn’t cast its votes under paragraphs (a)-(c) above shall not be counted in any way towards the percentage requirements in those paragraphs.

 

Nothing in this section shall be considered a basis for interim bargaining or interest arbitration under Chapter 67 of the Statutes without the unanimous written consent of all SEBAC voting unions.

 

(f) The above paragraphs may not be amended or changed except by at least the vote required to undertake an action under the particular paragraph changed.

 

JPE will continue to keep you informed as information becomes available.  If you have not already done so, go to www.jpeunion.net  and register to ensure that you are getting the most up to date information.  To register click here: https://leagueathletics.com/Registration/Default.asp?n=59388&org=JPEUNION.OR

 

If you have any questions, please feel free to contact me or any other Executive Board member.

 

In Solidarity,

 

Carmen

 

Carmen A. Roda

President

Judicial Professional Employees 

jpepresident@gmail.com

One Union One Voice

 

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