Tag: TRF
CT to pay down pension debt by $1.6 billion
It's the second year in a row – and just the second time in history – that excess money in the state’s Budget Reserve Fund will be used to pay down the pension debt.
Treasurer Shawn Wooden: The Business Journal Interview
“I feel very strongly that, just because (the rainy day fund) is there, we should not deplete it. While it's raining today, we don’t know how long the rain is going to last – or when it’s going to start raining again."
Connecticut pension plans’ performance place in national top 10
The two largest pension funds – the Teachers’ Retirement Fund and the State Employees’ Retirement Fund – saw their net market values grow by $1.5 billion and $1.3 billion, respectively.
