Amounts under $50 aren’t visible on the state’s website — but they add up to more than $40 million.
unfunded liability
Posted inMoney, Politics
Brinksmanship at State Capitol over pension deal
Republicans tried Wednesday to scuttle a deal Gov. Dannel P. Malloy struck with state employee unions to avoid spiking pension costs. But the House voted 76 to 72 to ratify the deal, while the Senate followed suit in more dramatic fashion with a tie-breaking vote by Lt. Gov. Nancy Wyman.
Posted inEducation
Report: CT 4th worst in unfunded pension liabilities per teacher
Connecticut has the 4th highest pension costs for its public school teachers in the U.S., a new report released Monday shows. The high costs are largely attributed to a failure to save enough to pay for future pension promises, the report from TeacherPensions.org concludes.
Posted inPolitics
Treasurer candidates will finally debate — just before election day
After months of sparring over when, how often and if they would debate, the major party candidates for state treasurer have agreed to participate in a forum to be televised two days before election day.