Connecticut has the worst-funded pension system in the country, according to a new annual report released by the American Legislative Exchange Council. Using a “risk free” discount rate – which increases the state’s estimated pension […]
Pension Reform
Recent news reports confirm what many have suspected for some time — young people are leaving Connecticut.
How does this relate to pension debt? As a current graduate student who would like to stay in Connecticut after I finish school, I’ll explain.
The state has accumulated billions of dollars of pension debt, and now it is trying to figure out how to pay that debt off.
STAMFORD – The featured speaker at the Yankee Institute’s Policy Luncheon had a clear message for Connecticut’s policymakers and opinion leaders: “Fix the state’s unfunded liabilities now!” Curtis Dubay, a Connecticut native and Senior Tax […]
In an op-ed for CT News Junkie, Yankee Institute Deputy Director Heath Fahle compares Connecticut to its next-door neighbor Rhode Island in terms of each state’s approach to pension and Medicaid reform. The result? Rhode […]
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 – A new report released today by the Yankee Institute warns that Connecticut’s true unfunded liability for pension and other retirement benefits is much bigger than widely assumed. Connecticut’s pension system serving 175,000 active […]
