Posted inPensionsState BudgetState Capitol

Connecticut Uses $60M To Pay Down Unfunded Pension Liability

HARTFORD, CT — For the first time ever, Connecticut is making an additional $60 million contribution to its pension fund to help pay down some of the billions in unfunded pension liability. “We have exceeded for the first time in Connecticut’s history, the 15% volatility cap threshold that allows us and makes it possible today […]