Pensions

With just over one week to go before more stringent pension limits take effect, more than 4,400 state employees either have retired this calendar year or filed their written intention to step down before July 1, according to new numbers released Wednesday by Comptroller Natalie Braswell’s office.

Nearly 7,000 state employees in Connecticut this year have either applied for retirement or have filed an “intent to retire” by the end of June, according to the state Comptroller’s Office. These state workers have an incentive to leave sooner rather than later.

The state of Connecticut is paying down more than $1.6 billion toward its long-term pension debt, which is the largest such payment in state history.The…

Governor Ned Lamont says he plans to deal with upcoming balloon payments for Connecticut’s teacher retirement fund without burdening cities and…

New stress tests are showing how state budgets have never been so exposed to market gyrations. Some pension funds for state workers are so underfunded…