Tag: Connecticut

Shawn Wooden examines tapping lottery and extending bond payments to bridge huge gap.

Commission still grappling over plan to tap state assets like office buildings to feed ailing retirement program.

Denise Nappier eyes lottery-backed revenue bonds to support Teachers’ Retirement Fund.

Officials point to state lotto, real estate, and benefits changes to help decrease the $127.8 billion shortfall.

Lotto revenue and income from unused state land could help shore up ailing public retirement system.

Commission will study state’s fiscal situation in an attempt to boost the state-worker retirement system’s low 41% funding level.

New York MTA's first CIO Sean Crawford to take the helm.

State treasurer says she may ‘divest or not make further investments in gun companies.’

Proposal deadline 4:30 Tuesday; public hearing set for Wednesday.

Bipartisan commission is conducting public hearings to determine pension solutions.

Think tank says change will not be enough to stave off budget cuts and tax increases.

Gov. Dannel Malloy said the budget would eliminate hundreds of millions of dollars in pension fund contributions.

Cause linked to unreported debt, unrealistic return expectations.

Liabilities more than double in 10 years, while assets gain 28%.