
Regulation
Faced with Underfunding, Connecticut Seeks Proposals Tuesday for Teachers Pension Plan
Proposal deadline 4:30 Tuesday; public hearing set for Wednesday.
Proposal deadline 4:30 Tuesday; public hearing set for Wednesday.
Malloy says state can’t afford annual payments into teachers’ retirement system.
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.