teachers’ pension fund

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Connecticut paying today for pension sins of the past


As legislators and others look closely at the cost of state employee salaries and benefits, one crucial factor often gets little or no attention: The overwhelming bulk of costs Connecticut faces today to support pension programs for state employees and public school teachers is from cleaning up problems caused years – and in many cases decades – ago. Continue Reading →

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Foley’s tax relief on retirement benefits would cost about $100 million

Much of Tom Foley’s last-minute proposal to cut taxes on Social Security benefits already is covered in existing state law. And the GOP gubernatorial nominee’s overall tax relief proposal on retirement benefits would expand Connecticut’s post-election deficit by roughly $100 million next fiscal year. Continue Reading →

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