Connecticut Office of the State Comptroller

Right now, the Connecticut Department of Labor can investigate cases when contractors cheat employees and even place stop-work orders on public projects until workers have been repaid. Currently, there is no ability for our office (who pay all state contractors) to withhold payments to such contractors, allowing them to still be paid by taxpayer funds even when they are being actively investigated for a prevailing wage violation. One of Comptroller Sean Scanlon's priorities this session is to pass a bill giving our office the power to halt taxpayer-dollar payments to contractors being investigated for wage theft. Read more on the bill and the Comptroller's testimony: https://lnkd.in/gKgxgZdp

The Economic Pulse is a monthly newsletter put out by our office that dives deep into how different economic indicators impact Connecticut. This month, we focused on electricity rates, the potential impact of federal funding cuts, and commercial real estate in the Hartford region. There's plenty more, too. Read and subscribe: https://conta.cc/4ilyxED

On the first day of each month, our office sends a letter to the Governor describing the state of Connecticut's finances and economy. Cleverly, we call it "The Letter of the First!" Ironically, this month's first business day fell on a Monday, but here is our update anyways from Comptroller Sean Scanlon. Read the full letter and economic update sent to the State of Connecticut - Office of the Governor at osc.ct.gov/reports

You’re invited! Learn how healthcare affordability can impact your company and employees at the Connecticut Healthcare Affordability Employer Symposium. RSVP here: https://lnkd.in/dd3MSnRT Connecticut Office of the State Comptroller State of Connecticut - Office of the Governor

Healthcare affordability impacting your business??Tell us more about what you need to keep your employees - and your bottom line - healthy.?Employer Survey: CT Employers and Healthcare Affordability Symposium https://lnkd.in/e9VEVS5B Connecticut Department of Economic and Community Development Connecticut Office of the State Comptroller

$20 million! Today, MyCTSavings hit $20 million in assets! That's up from $1.5 million just 15 months ago. That $20 million is held in the individual accounts of 25,000 employees who are saving for retirement through their paychecks, because their employers enrolled in MyCTSavings. If you have 5+ employees and don't offer a retirement plan, go to myctsavings.com to enroll. It's free to the business and we'll help you help your employees get on the path to a more secure financial future! #retirementsavings #RothIRA