Connecticut made a historic $1.6 billion payment toward its $40 billion pension debt thanks to the state’s volatility cap, and that payment is expected to achieve significant savings over the next four years, according to
Connecticut pensions
Retired Connecticut state employees will see a substantial bump to their pension payments as a result of increasing economic inflation. The Consumer Price Index for Urban Wage Workers and Clerical Workers – known as the
The Center for Retirement Research at Boston College published a brief saying public pension plans should avoid tailoring their investment strategies to satisfy calls for political, social and environmental justice, known as ESG (environmental, social
No matter who occupies the governor’s office in 2019, he will be faced with a $4.6 billion budget deficit, including 7 percent raises for state employees, and increasing costs for unfunded pension and state retirement
The number of retired state employees receiving six figure pensions jumped by at least 30 percent since 2016 and more than 1,000 percent since 2010. According to a report by the Hartford Courant, there are
Trumbull First Selectman Tim Herbst and the Hartford Courant have recently called attention to legislators using mileage reimbursement to increase their compensation and pad their pensions. There were 251 working days in 2015. Legislators who
Criminals getting state pensions. Professors using a one time opportunity to change retirement plans for six years. If Connecticut lawmakers do not muster the strength to make such common-sense changes to the way state pensions
The line item for state employee pensions is one of the fastest-growing items in the state budget. This year, the state will contribute $1.5 billion - almost ten percent of the General Fund - to