Connecticut’s teachers may be better off with a 401(k) style, defined contribution retirement plan than under Connecticut’s massively underfunded pension system, according to some number crunching. Assuming a 6.5 percent employer match and adjusted for
defined contribution plan
Who benefits from pensions? Imagine 100 teachers are hired by a Hartford, Connecticut school district, all of them are age 25, they are all women, and all hold a master’s degree. What percentage of them
When given the choice between Connecticut's failing pension system and the state's defined contribution plan, Robert Guynn took the road less traveled -- and he's doing fine.