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.
Continue reading "Yankee Institute Says Unfunded Pension Liability Larger Than Reported" »
by Madeline Stocker | August 6, 2014 10:28pm
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.
Continue reading "Retirement Board Worries $400K Won’t Be Enough" »
by Martin Looney & Joe Aresimowicz | July 17, 2014 5:30am
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.
Continue reading "OP-ED | A Better Retirement Future" »
by Christine Stuart | May 27, 2014 12:00pm
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.
Continue reading "Nappier Calls On Google To Disclose Lobbying Activity" »
by Christine Stuart | May 6, 2014 5:55pm
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.
Continue reading "Public Retirement Bill Included In Budget" »
by Christine Stuart | April 24, 2014 3:12pm
Should the government require employers to give their employees an option to invest in a retirement fund run by state officials?
Continue reading "Public Retirement Account Debate Gets Heated" »
by Suzanne Bates | March 28, 2014 10:00am
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.
Continue reading "OP-ED | Speaking of Underfunded Pensions, Would Your Money Be Safe in a State Retirement Trust Fund?" »
by Christine Stuart | March 12, 2014 5:30am
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.
Continue reading "Retirement-For-All Bill Raises Questions" »
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.”
Continue reading "Rating Agency Says Outlook For CT Bonds Still ‘Negative’" »
by Christine Stuart | February 28, 2014 5:35pm
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.
Continue reading "Bond Commission Meeting Sparks Borrowing Debate" »