Use the information below as a starting point for determining the best place to go for your health care needs. It seems that JavaScript is not working in your browser. 1 Because state employees must retire on the first day of a month that occurs after the termination of their employment, all employees who retire on or before July 1, 2022, will have terminated employment before the rules go into effect. SEBAC Update on Pandemic Pay - 10/31/2022. Ned Lamont says are essential to help stem a surge in state employee retirements, are expected to be ratified Friday by the Senate, where Democrats also hold a majority. 2023 The Conneticut News Project. While Connecticut does not charge Medicare members for the MAPD, the federal government charges a premium for Medicare Part B. Because those who retire on or after August 1, 2022, will be reimbursed for only 50% of their IRMAAs, any such enrollee who reported income over the 2022 threshold for the relevant tax year would not be reimbursed for payments ranging from $35.85 to $216.75 per month under current rates. 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). Its nothing more than a handout.. As a result of the 2022 Changes, any SERS member who retires after the Effective Date will receive his or her first COLA thirty months after the members date of retirement. Look for future communications with more details. This 1% COLA will have the effect of equalizing the annual salary of each grade and step between the STD and ASTD salary scales. The. The states robust, short-term fiscal position is a sugar high that will pass when the federal stimulus money goes away, ODea said. Any federal employees in Ohio who do not live in an area for which a specific Locality Pay Adjustment has been set will receive the generic "Rest of the United States" locality pay adjustment of 16. You'll pay nothing for medications and supplies used to treat diabetes (Type 1 and Type 2). The pay raise amounts. In other words, SERS retirees will no longer be guaranteed an annual COLA of at least two percent in years for which inflation is low. Tier 2 (Preferred brand name): $5 copay The agreements, which unions ratified earlier this spring, are retroactive to the start of this fiscal year, which began last July 1. 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. If more than 5 years early, use 5. The state and unions have the option of continuing the same level of raises for the fiscal year beginning July 1, 2024, or they can negotiate different compensation levels. For 2021, IRMAAs ranged from $71.70 per month, for those whose income was equal to the threshold amount, to $433.50 per month, for the highest earners. BETWEEN THE STATE OF CONNECTICUT AND THE STATE EMPLOYEES BARGAINING AGENT COALITION (SEBAC). Using high-value Anthem and United Healthcare/Oxford providers and facilities - those that offer higher quality care at lower costs - saves money for you and the State. And that was before surging state income and business tax receipts pushed this fiscal years surplus from $2.7 billion to $4 billion. Behind him to the left is Sal Luciano, president of the state AFL-CIO. 2 This rule applies to all retirees that have satisfied the eligibility requirements to qualify for retiree healthcare and prescription coverage as a benefit, including such members of the Alternate Retirement Program (ARP) and Hybrid Plan members of SERS. While the average employee salary at Channel 8 is ,973, there is a big variation in pay depending on the role. You cannot be supportive of state workers and the services they provide without being supportive of the necessary funding to ensure that these positions are properly staffed, SEBAC wrote in a statement after the vote. These rates can be found in a grid that appears in Attachment C to the SEBAC 2011 agreement. Because state employees must retire on the first day of a month that occurs after the termination of their employment, all employees who retire on or before July 1, 2022, will have terminated employment before the rules go into effect. But that surge followed a nearly decade-long stretch in which state tax receipts from the same source badly underperformed. Locate a Doctor, Hospital, or Pharmacy in the Workers' Compensation Network Here's how much you will pay for your maintenance and non-maintenance prescriptions: The copays for medications used to treat chronic conditions continue to be: The 3,416 retirements and planned retirements combined is up 10% from just one month ago. The details regarding insurance costs are provided below. you or a covered family member takes a maintenance medication, you can only receive one 30-day fill at a The Democrat-controlled House voted 96-52 to approve the contracts, after a four-hour debate during which Republicans insisted the compensation far outstrips what private-sector workers are receiving, or what taxpayers can afford. 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. Connecticut has a record-setting $3.1 billion in its rainy day fund and is on pace to wrap this fiscal year with an equally unprecedented $2.7 billion surplus. But the tentative deals with bargaining units technically dont address hazard pay or special compensation for the pandemic. There will be no changes to HEP, including copay amounts for drugs used to treat HEP targeted chronic conditions which include diabetes, asthma or COPD, heart disease/heart failure, hyperlipidemia (high cholesterol) or hypertension (high blood pressure). The coalition, which represents most state employee unions excluding the state police, added that, It is a critical step in resolving the current staffing crisis that is the consequence of decades of disinvestment and austerity., Lamont spokeswoman Lora Rae Anderson said, Were happy the House has passed the SEBAC agreement, and we are hopeful the Senate will do the same.. Its unclear when the General Assembly will vote on the agreement. Plans are designed for businesses with 2 to 50 employees. Corporate Support: Advertising & Sponsorship, saves the state about $150 million over the next decade. Diabetes medications and supplies. In that case, the members pension will be calculated by making an age-based reduction to the amount produced by the Normal Retirement Formula. The agreements, which unions ratified earlier this spring, are retroactive to the start of this fiscal year, which began last July 1. Madison Republican Bob Stefanowski, who lost the 2018 gubernatorial race to Lamont and is seeking a rematch this year, has called the agreements politics, pure and simple, when they were first reported last month. Prescription Drugs -- New Formulary, New Copays. Your Payroll Deductions Effective 10/1/17 - 6/30/18. Keith is a graduate of and a former journalism instructor at the University of Connecticut. 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. Increase top step bonus by $250 - 32,000 32,000 32,000 . More than 3,400 state employees have either retired or filed their written intentions to do so between January and March 31 alone, and that total is expected to grow considerably between now and July 1. It seems that JavaScript is not working in your browser. in its annual Fiscal Accountability Report. Some of the features on CT.gov will not function properly with out javascript enabled. Ned Lamont on Wednesday proposes a wage freeze for state employees in 2022 and 2023, that would save the government an estimated $141.75 million a concession the state employee unions say they are not willing to make. During that time Connecticut's average pension payment increased 15 percent from $34.589 in 2015 to $39,887 in 2020. This transaction is known as grandfathering. With few exceptions, no employees have been eligible to grandfather after 2013.4. To the extent the rates on Appendix A apply to any member of Tier II or IIA who retires on or after August 1, 2022, the rates will be calculated as if the current Normal Retirement Age still applied.5. Ned Lamont's administration, according to a settlement document obtained by the CT Mirror. When a retired employee is enrolled in the MAPD, premium charges for his or her coverage under the states retiree health plan will end. The taxable wage base remains $15,000 for each employee in 2023. Please reload the page and try again. State government coffers have swelled since 2018, due in large part to a robust stock market that has bolstered income tax receipts tied to capital gains and other investment earnings. 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. You can view a PDF of the 1199 State Employees Contract by clicking HERE. Please note, however, that grandfathered employees are not exempt from the changes relating to health insurance and COLAs. Retirement Services Division. View a list of Connecticut State Departments and Agencies, Constitutional Offices, and more. In other words, the effect of this change to current retirement rules will generally last for only a limited amount of time. Let us be clear. It is also important to observe that each of the 2022 Changes has a distinctive set of rules, and some of them will not affect every retiree. State finances also are being supported this fiscal year and next by about $3 billion in emergency federal pandemic relief. 01. Those packages, collectively, included six fiscal years in which workers forfeited general wage and step increases, though they did receive lump sum payments in two of those six years. After the retiree provides proof of enrollment in Medicare for themselves and/or their enrolled dependent(s) the applicable Medicare premiums have been verified, the state will reimburse the retiree for the entire amount he or she pays in premiums to Medicareboth the standard premium for Part B and any IRMAA for Parts B and D. If the retirees spouse is enrolled in Medicare, the state will also reimburse the spouses Medicare premiums. The formulary focuses on clinically effective, lower-cost alternatives to high-cost drugs. Two-step increases (an increase of around 4.8% total) - 1 step increase as soon as we ratify the contract, the other in July 2022 or January 2023 - whenever you "should" or have gotten your step in the past. Equally important, the amount the state pays to employees should be only one of several considerations in retirement planning. The 2022 Changes fall into three different categories: Many state employees have raised questions about 2022 Changes, especially: There is no simple answer to these questions. NV Home Directory of State Agencies. Each retirement plan in SERS (including the Hybrid Plans) specifies a certain age as Normal Retirement Age. In 2022, Governor Parson implemented a 7.5 percent pay increase for the state workforce. 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