Connecticut
Democratic Gov. Ned Lamont delivered a two-year budget plan of $43.1 billion to lawmakers, emphasizing that the state’s crushing fixed costs relative to its pension funds must be addressed. To accomplish this, he proposed restructuring, refinancing the systems’ payments and slowing the rate of increase in the teachers’ pension fund and the state employee pension fund, both of ...
Connecticut
Democratic Gov. Ned Lamont delivered a two-year budget plan of $43.1 billion to lawmakers, emphasizing that the state’s crushing fixed costs relative to its pension funds must be addressed. To accomplish this, he proposed restructuring, refinancing the systems’ payments and slowing the rate of increase in the teachers’ pension fund and the state employee pension fund, both of ...