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Pension

September 2, 2014

Yankee Institute Says Unfunded Pension Liability Larger Than Reported

by Christine Stuart | September 2, 2014 5:30am

A new analysis of Connecticut’s unfunded pension liability by the conservative Yankee Institute claims that its unfunded liability is much higher than an actuary for the state has estimated.

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August 6, 2014

Retirement Board Worries $400K Won’t Be Enough

by Madeline Stocker | August 6, 2014 10:28pm

Madeline Stocker photo A board that is working toward offering a state-administered retirement plan met for the first time Wednesday and discussed its aspirations for the future, and its funding challenges.

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July 17, 2014

OP-ED | A Better Retirement Future

by Martin Looney & Joe Aresimowicz | July 17, 2014 5:30am

CTNJ file photo As our citizens approach retirement, far too many of them rely exclusively on Social Security as retirement income. While Social Security has lifted many senior citizens out of abject poverty, it does not in fact provide a decent living for those with no other source of retirement income. This problem will become one of extraordinary urgency as more and more baby boomers reach retirement age.

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May 27, 2014

Nappier Calls On Google To Disclose Lobbying Activity

by Christine Stuart | May 27, 2014 12:00pm

Courtesy of the Center for Responsive Politics The Connecticut Retirement Plans and Trust Funds, along with a coalition of institutional investors, called on tech giant Google Inc. to increase its disclosure of its lobbying activities.

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May 6, 2014

Public Retirement Bill Included In Budget

by Christine Stuart | May 6, 2014 5:55pm

CTNJ file photo Democratic lawmakers want to make sure private companies offer their employees an opportunity to invest in a retirement plan so they formed the Connecticut Retirement Security Board as part of the state budget.

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April 24, 2014

Public Retirement Account Debate Gets Heated

by Christine Stuart | April 24, 2014 3:12pm

Christine Stuart photo Should the government require employers to give their employees an option to invest in a retirement fund run by state officials?

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March 28, 2014

OP-ED | Speaking of Underfunded Pensions, Would Your Money Be Safe in a State Retirement Trust Fund?

by Suzanne Bates | March 28, 2014 10:00am

istock

It is true that collectively we are not saving enough for retirement, but the “Retirement for All” bill making its way through the statehouse is not the answer.

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March 12, 2014

Retirement-For-All Bill Raises Questions

by Christine Stuart | March 12, 2014 5:30am

Christine Stuart photo When it comes to creating a retirement plan for all Connecticut residents there are still more questions than answers as lawmakers seek to find ways to ensure residents are retiring on more than Social Security.

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March 6, 2014

Rating Agency Says Outlook For CT Bonds Still ‘Negative’

by Christine Stuart | March 6, 2014 1:45pm

Fitch Ratings maintained its AA rating for Connecticut bonds in anticipation of the sale of $400 million in general obligation bonds later this month. That’s the good news. The bad news is that Fitch also maintained its negative outlook of the state based on “budget vulnerability.”

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February 28, 2014

Bond Commission Meeting Sparks Borrowing Debate

by Christine Stuart | February 28, 2014 5:35pm

Christine Stuart file photo The state Bond Commission approved $510 million in general obligation bonds Friday for a variety of projects, which sparked a debate over whether the state is borrowing too much money.

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