Archive | January, 2019

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Hartford Native Shawn Wooden Sworn in as State Treasurer


By Ann-Marie Adams, Staff Writer

HARTFORD — Hartford native and former City Council Chairman Shawn Wooden was sworn in as Connecticut’s 83rd State Treasurer, pledging to use his office to protect worker’s retirement security while spurring improvements in the state’s economy, infrastructure and educational system.

The Hartford resident was among several elected state officials, including Gov. Ned Lamont, who took the oath of office on Wednesday at the William A. O’Neill State Armory. Connecticut Supreme Court Chief Justice Richard A. Robinson administered the oath of office.

Wooden showed gratitude for the path that led him to his new position.

“I’m honored beyond works that the people of Connecticut have placed their confidence in me by electing me state treasurer,” Wooden said in a statement. “Having oversight of more than $60 billion in state assets is an enormous responsibility. I assure the taxpayers of this state that every investment and decision I make will be geared towards maximizing returns and moving Connecticut forward.”

Democrat Wooden succeeds Denise Nappier, another Hartford resident, who served as state treasurer for 20 years. Nappier elected not to seek another term.

Wooden, 49, was an investment attorney at Day Pitney, specializing in public pension plans for 21 years.

Before that, he worked for the former Hartford Mayor Carrie Saxon Perry and then as Connecticut Director of Project Vote, a national voter registration and education program. He was also served as a key aide for the Connecticut Commissioner of Social Services.

Raised in the North End of Hartford, Wooden said his is an unlikely journey. The youngest of six children, he participated in Project Concern desegregation busing program and attended Manchester Public Schools, where he graduated with honors. He then went to Trinity College and New York Law School.

Besides his work in the private sector, Wooden served as President of Hartford City Council from 2012 to 2015, leading efforts to close budget deficits, protect the city’s pension system and boost economic development.

His work in the state treasurer’s office is an extension of those efforts, he said.

“Connecticut is facing some enormous fiscal challenges right now, as well as some very exciting opportunities for growth,” Wooden said. “I look forward to using my extensive experience in government and as an investment attorney to take on the very serious work ahead of us.”

Featured Photo: Connecticut State Treasurer Shawn T. Wooden is sworn in by Connecticut Supreme Court Chief Justice Richard A. Robinson as his sons Senai, 13, (L) and Isaias, 16, (R) hold the Bible.

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If You’re Over 50, Chances Are the Decision to Leave a Job Won’t be Yours


A new data analysis by ProPublica and the Urban Institute shows more than half of older U.S. workers are pushed out of longtime jobs before they choose to retire, suffering financial damage that is often irreversible.

By Peter Gosselin

Tom Steckel hunched over a laptop in the overheated basement of the state Capitol building in Pierre, South Dakota, early last week, trying to figure out how a newly awarded benefit claims contract will make it easier for him do his job.

Steckel is South Dakota’s director of employee benefits. His department administers programs that help the state’s 13,500 public employees pay for health care and prepare for retirement.

It’s steady work and, for that, Steckel, 62, is grateful. After turning 50, he was laid off three times before landing his current position in 2014, weathering unemployment stints of up to eight months.

When he started, his $90,000-a-year salary was only 60 percent of what he made at his highest-paying job. Even with a subsequent raise, he’s nowhere close to matching his peak earnings.

Money is hardly the only trade-off Steckel has made to hang onto the South Dakota post.

He spends three weeks of every four away from his wife, Mary, and the couple’s three children, who live 700 miles away in Plymouth, Wisconsin, in a house the family was unable to sell for most of the last decade.

Steckel keeps photos of his wife, Mary, and their three children on the mantel at his rented place in Pierre. (Ackerman + Gruber, special to ProPublica)

With Christmas approaching, he set off late on Dec. 18 for the 11-hour drive home. When the holiday is over, he’ll drive back to Pierre.

“I’m glad to be employed,” he said, “but this isn’t what I would have planned for this point in my life.”

Many Americans assume that by the time they reach their 50s they’ll have steady work, time to save and the right to make their own decisions about when to retire.

But as Steckel’s situation suggests, that’s no longer the reality for many — indeed, most — people.

ProPublica and the Urban Institute, a Washington think tank, analyzed data from the Health and Retirement Study, or HRS, the premier source of quantitative information about aging in America. Since 1992, the study has followed a nationally representative sample of about 20,000 people from the time they turn 50 through the rest of their lives.

Through 2016, our analysis found that between the time older workers enter the study and when they leave paid employment, 56 percent are laid off at least once or leave jobs under such financially damaging circumstances that it’s likely they were pushed out rather than choosing to go voluntarily.

Only one in 10 of these workers ever again earns as much as they did before their employment setbacks, our analysis showed. Even years afterward, the household incomes of over half of those who experience such work disruptions remain substantially below those of workers who don’t.

“This isn’t how most people think they’re going to finish out their work lives,” said Richard Johnson, an Urban Institute economist and veteran scholar of the older labor force who worked on the analysis. “For the majority of older Americans, working after 50 is considerably riskier and more turbulent than we previously thought.”

The HRS is based on employee surveys, not employer records, so it can’t definitively identify what’s behind every setback, but it includes detailed information about the circumstances under which workers leave jobs and the consequences of these departures.

We focused on workers who enter their 50s with stable, full-time jobs and who’ve been with the same employer for at least five years — those who HRS data and other economic studies show are least likely to encounter employment problems. We considered only separations that result in at least six months of unemployment or at least a 50 percent drop in earnings from pre-separation levels.

Then, we sorted job departures into voluntary and involuntary and, among involuntary departures, distinguished between those likely driven by employers and those resulting from personal issues, such as poor health or family problems. (See the full analysis here.)

We found that 28 percent of stable, longtime employees sustain at least one damaging layoff by their employers between turning 50 and leaving work for retirement.

“We’ve known that some workers get a nudge from their employers to exit the work force and some get a great big kick,” said Gary Burtless, a prominent labor economist with the Brookings Institution in Washington. “What these results suggest is that a whole lot more are getting the great big kick.”

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Hartford Public Library Receives Grant to Address Opioid Overdose


By Fran Wilson, Staff Writer

HARTFORD — Hartford Public Library recently received a grant to arm staff with a lifesaving opioid reversal drug: naloxone.

Thanks to a $10,000 grant from the Cigna Foundation. The grant comes amid a spike in opioid-related deaths in the state. According to officials, more people are dying of accidental overdose of opioid than from homicide, suicide and motor vehicle crashes.

In 2017, 1038 people across the state died from opioid overdose. Hartford had the highest number of fatalities, 58.

Library officials took steps to join other city workers, including firefighters and police officers, to combat the problem. Police officers and firefighters are already armed with naloxone, which reverses the effect of opioid overdose.

“As a public institution, we see that our entire community is impacted by the opioid crisis; it was clear that a rapid and robust response to the problems caused by opioid drug crisis was imperative,” said HPL CEO Bridget Quinn-Carey in a statement. “Hartford police, fire and ambulance personnel have been wonderful in helping us deal with overdose situations, but we also want to be ready for instances when emergency services cannot arrive in time.”

The money will help train staff and provide naloxone and CPR supplies. Library officials said they will also provide opioid abuse awareness materials in all libraries across the city. They will also work with the Greater Hartford Harm Reduction Coalition to host workshops and forums.

“Libraries like HPL are increasingly innovating around health education. We are proud to support this potentially life-saving initiative and commend HPL for its efforts to battle substance use disorders in our communities,” said Mary Engvall, executive director of the Cigna Foundation.

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Sen. Beth Bye to Resign to Join Ned Lamont’s Administration


By Fran Wilson, Staff Writer

HARTFORD — State Sen. Beth Bye will resign to take a job with Gov. elect Ned Lamont’s administration.

Lamont picked Bye to lead Connecticut’s Office of Early Childhood, which was created in 2013. She will help to develop a cohesive early childhood care and educational system.

“Beth Bye has devoted her entire professional career to helping to build a more progressive and equitable early childhood system in which all children, regardless of their parents’ socio-economic status, can grow, learn and develop,” Lamont said. “It’s clear that the formative early childhood years are jey to providing children a solid educational base and platform, and I know Beth is the best person to take the helm of this critical agency.”

Bye is a Democrat who represents the 5th Senate District, which includes West Hartford, Bloomfield, Burlington and Farmington. She was elected to the House of Representatives in 2007 and then moved to the Senate in 2011. There will be a special election to fill Bye’s seat because she was reelected in November.

Currently, Bye is the executive director of Auerfarm, a Bloomfield-based community farm that hosts 15,000 student trips annually. Prior to that, Bye led Great by 8, a community partnership to develop a program that supports optimal health and educational outcomes for children ages birth to eight. She also worked as Early Childhood Director at the Capitol Region Education Council and was Director at Trinity College Community Child Center and the University of St. Joseph School for Young Children.

She will earn $155,000 in her new job.

“I am grateful to begin this next chapter in my career, leading an agency I helped to spearhead and create,” said Bye. “Connecticut’s children—all of them—represent  the future of our state, and deserve to have the tools and support necessary to develop, grow and thrive.”

 

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