Tag: State Employees Retirement System
![Road trip to Connecticut](https://crr.bc.edu/wp-content/uploads/2023/03/Road-sign-with-connecticut-1536x1024.jpeg)
The report’s key findings are: Connecticut’s pension systems for state employees and teachers face large unfunded liabilities, despite recent efforts by the State to fund. A significant source of the problem is the “legacy debt” built up before the State began pre-funding its pensions in the 1970s. Since pre-funding began, inadequate contributions from the State and low…