I am not commenting specifically about the deal worked out, actually the spefics aren't yet known but the generalities are.
Governor was looking for $2 Billion in savings over two years , or basically 10 % of the work forc would be laid off.
They settled . he duidn't get the $1.6 Billion in concessions , but they feel can make up the $400 million difference by increase in taxes collection, business getting better and other ways..
Point is , they negotiated , no one laid off, and most of what lookin for is gotten.
Not a bad way to do things.
Populace , majority , bit over 50% feel union got the better of it BUT a lot in the high 30 % level felt it was a fair good deal for all parties and the difference, they felt State did better.
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www.courant.com/community/hartford/hc-malloy-unions-reach-deal-0514-20110513,0,4279154.story
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[Click on link for article]
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The Hartford Courant
10:11 p.m. EDT, May 13, 2011
HARTFORD—
"Capping months of secretive talks, Gov. Dannel P. Malloy and state-employee union leaders reached a deal Friday to save $1.6 billion over the next two years in exchange for a promise not to lay off unionized workers for the next four years.
Malloy came up short of his goal of $2 billion in concessions and savings over two years, but the $400 million shortfall would be covered by spending cuts and better-than-expected tax collections.
Malloy, his staff, and the unions all declined to provide details until the unionized workers are notified of the deal — a process that will last into next week. But several sources confirmed the outlines of the deal to The Courant.
While the provisions are tentative, sources said the deal is a four-year, no-layoff agreement.
In exchange, there would be a hard wage freeze for two years for all unionized employees. It would include all forms of payments, including wages, longevity pay, increments and lump sums. Newly hired state employees would no longer be eligible for longevity pay, which are twice-yearly payments on top of their normal pay.
After freezes for two years, the unions would receive 3 percent pay increases on the first day of the new fiscal year — July 1 — in 2013, 2014 and 2015, according to sources."
