Yankee Institute for Public Policy

Center for Retirement Research: Public pension plans should avoid investing based on social and environmental movements

By Marc E. Fitch December 15 , 2020

Pensions 2 Comments

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…

How Connecticut’s Government Unions Became “Above the Law”

By Marc E. Fitch August 15 , 2018

Labor, Yankee News 7 Comments

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…

Number of state retirees getting six-figure pensions grows 30 percent in one year

By Marc E. Fitch January 25 , 2018

Labor, Pensions One Comment

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…

Legislator mileage reimbursements for 2015

By Marc E. Fitch January 10 , 2017

Good Government, Pensions, Yankee News

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. Connecticut has a part-time legislature. State senators and representatives receive…

Lawmakers must make common-sense reforms

By Marc E. Fitch June 10 , 2016

Civil Service Reform

Do you remember how it felt watching the stock market plummet during the 2008 recession? Millions of people saw a lifetime of savings in 401(k) plans evaporate when the market tanked out. Many Connecticut residents…

Top Connecticut state pension hit $297,614 last year

By Suzanne Bates May 3 , 2016

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…

Connecticut pensions

Center for Retirement Research: Public pension plans should avoid investing based on social and environmental movements

How Connecticut’s Government Unions Became “Above the Law”

Number of state retirees getting six-figure pensions grows 30 percent in one year

Legislator mileage reimbursements for 2015

Lawmakers must make common-sense reforms

Top Connecticut state pension hit $297,614 last year

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