Gov. Ned Lamont checked off a key box on his budget to-do list Thursday, announcing a deal with state employee unions to refinance payments into the workers' pension fund.
The deal, which would save the state $130.7 million this fiscal year and $140.7 million in 2020-21, marks the second time in three years Connecticut has restructured its payments into the cash-starved pension fund. It makes no changes in pension benefits.
The agreement, which still must be ratified by the legislature, was approved over the last week by the governing board for the State Employees Bargaining Agent Coalition. SEBAC notified the…