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Posted inCT Viewpoints

It’s time to fix the broken teacher pension system

When he left office in January, Gov. Dannel Malloy could honestly claim that he had reformed and improved virtually every area of Connecticut state government.  Except one.  He was prevented by obstructionist Republicans from reforming the teachers pension fund. As a result, annual payments to the fund, which now total $1.4 billion, or 7 percent of the budget, could exceed $3 billion by 2032.  Governor Lamont has now taken up the challenge of reform, offering a comprehensive solution in his  proposed biennial budget.