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New Connecticut law protects retirees' annuity benefits from creditors

2015-07-22 06:28:40| Paper - Topix.net

The pension benefits earned by Connecticut residents whose employers transfer those liabilities to insurers under corporate pension derisking - programs will be protected from creditors under a new state law. In such programs, employers, who include such well-known organizations as Bristol-Myers Squibb Co., General Motors Co., Kimberly Clark Corp., and Motorola Solutions Inc., have transferred billions of dollars in benefits owed to pension plan participants through the purchase of group annuities from insurers.

Tags: law benefits connecticut protects

 

Connecticut Solar PV Program Applies Solar-Log Solution

2015-07-06 12:31:11| Industrial Newsroom - All News for Today

Solar-Log Qualifies as a Performance Meter Provider for Connecticut's Residential Solar Investment Program BETHEL, Conn.  Solar Data Systems, Inc, maker of Solar-Log 350, 360, 370 GE Meters, has qualified as a Performance Meter Provider (PMP) for Connecticut's Residential Solar Investment Program (RSIP) through...

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Spanish firm's plan for Connecticut utility faces rejection

2015-07-01 00:22:11| Energy - Topix.net

State regulators on Tuesday moved a step toward rejecting a plan by Spain's leading electricity and natural gas utility to buy the parent company of several local energy firms in a deal valued at up to $3 billion. The state Public Utilities Regulatory Authority issued a draft decision saying that Spain's Iberdrola has not provided "any measurable or quantifiable commitments" that assure regulators that ratepayers will not be harmed by its plan to buy UIL Holdings Corp. In the deal announced early this year, the company would serve 3.1 million electric and natural gas customers in Connecticut, Maine, Massachusetts and New York.

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The State of Connecticut Department of Administrative Services Signs on with Chevin Fleet Solutions to Gain Control over Fleet Operating Costs.

2015-06-29 12:31:12| Industrial Newsroom - All News for Today

The State of Connecticut Department of Administrative Services recently selected Chevins web-based enterprise fleet management information system, FleetWave to enable the Fleet Operations Division to more effectively manage the States fleet of more than 7,000 units. The Connecticut Fleet Operations Division...

Tags: services state control department

 

Connecticut Transit Selects Doosan PureCell System To Power Hamden Hub With Clean Energy

2015-06-23 07:00:31| publicworks Home Page

Doosan Fuel Cell (Doosan) announced today that a PureCell® Model 400 fuel cell was selected by Connecticut Transit (CTtransit) to provide clean, on-site energy at its Hamden, Connecticut maintenance and storage facility

Tags: system power energy clean

 

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