by The Commercial Record | Mar 21, 2018 | CR Daily, Executive Briefing, Industry News
Connecticut’s two largest pension funds, the State Employees’ Retirement Fund (SERF) and the Teachers’ Retirement Fund (TRF), generated robust investment returns and net of expenses of 16.51 percent and 16.33 percent, respectively, for the 2017 calendar year, according to state Treasurer Denise L. Nappier.
by The Associated Press | Feb 2, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News
A plan to restructure state pension obligations has narrowly cleared the Connecticut General Assembly, despite complaints from Republicans that it doesn’t rein in pension costs.
by The Associated Press | Jan 25, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News
State lawmakers gave preliminary approval Tuesday for a plan to restructure pension obligations and help avoid huge payments looming in the future, but many made it clear they want further changes in workers’ retirement benefits.
