As Connecticut prepares to make a historic $1.6 billion payment toward its unfunded pensions, a new report shows Connecticut has the highest taxpayer debt of any state in the nation. According to Truth in Accounting’s
Pensions
The recent op-ed in the Courant is correct on one count: state employees are not the problem. If not state employees, then who is to blame for the seemingly perpetual state budget deficit? The problem
The study we released today, Unequal Pay: Public Vs. Private Sector Compensation in Connecticut, shows that state employees make an average of 25 to 46 percent more than private sector workers with similar skills and
Kids in Connecticut are born broke – more than $27,000 in debt – because of billions in unfunded pension promises. State estimates suggest citizens owe $25 billion, but this Yankee Institute study found the real
Born Broke: Our pension debt problem by J. Scott Moody and Wendy P. Warcholik, Ph.D. AUGUST 2014 EXECUTIVE SUMMARY Connecticut’s public pension system is one of the most expensive in the nation – which may explain
Once again, the government class in Hartford is looking after its own. In the wake of the governor’s nomination of two new 66-year-old judges (along with some other nominees in their sixties), there was some
Everyone knows that Connecticut’s pension system has some serious unfunded liabilities. But state employee pension rules need more than fiscal reform. In a new outrage, a UConn music professor — who has been confronted by serious
Yesterday, the Pew Center on the States released a nationwide study of state pension funding shortfalls. The Center’s survey of the states found that 31 out of 50 states were below the 80 percent funded
HARTFORD – The number of retired state employees collecting annual pensions of more than $100,000 has risen to 299 people, a new analysis by the Yankee Institute shows. Of those, 81 individuals receive more than
HARTFORD – The conviction of Hartford Mayor Eddie Perez on corruption charges brings attention to the practice of trading political support for government jobs. A Yankee Institute review of members of the Hartford Democratic Town