Heck, with an average age of 75, retired teachers may not even remember it was Malloy’s proposal - Wait, What?

Heck, with an average age of 75, retired teachers may not even remember it was Malloy’s proposal - Wait, What?:

Heck, with an average age of 75, retired teachers may not even remember it was Malloy’s proposal

by jonpelto

Last month, in a post entitled, Define fiscally and morally irresponsible? Malloy’s plan for older, retired teachers. Wait, What? readers had a chance to learn about Governor Malloy’s budget proposal to eliminate the state’s contribution to the retired teacher’s health insurance fund. 

The fund pays a portion of the health insurance premiums of retired teachers.  The bulk of the cost still rests on the individual teachers.

The Legislature’s Appropriations Committee will be holding a public hearing on Malloy’s proposal tomorrow.

Malloy’s plan would force the Connecticut Teacher Retirement Board to spend the existing fund down to almost zero over the next two years.

According to an article in yesterday’s CTMirror, while Malloy’s plan would “save the state