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Malloy Signs Tentative Concession Deal With State Unions
Hartford Courant: A deal with state unions that would save more than $1.5 billion in the next two fiscal years by requiring workers to pay higher health insurance premiums and co-pays in addition to creating a pension and 401(k)-style hybrid for new employees took a step forward Monday as the governor announced a tentative contract.
The deal is the final piece of a concessions package that state workers will vote on next month.
Malloy hailed the deal that will provide both short-term and long-term savings through the State Employee Bargaining Agent Coalition, known as SEBAC.
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