Connecticut ranked 49th in the country in a new analysis of state fiscal health by Truth in Accounting because of its massive taxpayer burden of $53,400 per person, once again labelling Connecticut as a “sinkhole state.”
TRS
Fringe benefit rates for Connecticut’s state employee and teacher retirement plans in 2018 jumped as much as 52 percent, according to figures released in a memorandum from the Comptroller’s Office. The Comptroller’s Office said in
Connecticut’s Teachers Retirement System is underfunded by at least $13 billion and the state’s actuarily required contribution has grown 145 percent over the past ten years, from $518 million per year to $1.27 billion, according