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
A new study from the Manhattan Institute, a free-market think tank based in New York City, reported improvements for one of Connecticut’s underfunded long-term debts – namely its medical benefits for state retirees and teachers.
CTNewsJunkie published this op-ed on Dec. 23, 2015. [caption id="attachment_3722" align="alignright" width="300"] Image Copyright Mopic, 2013.Used under license from Shutterstock.com[/caption] Recent news reports confirm what many have suspected for some time — young people are