Tag: Connecticut

Pensions September 11, 2026

Connecticut Transfers $1.3B in Excess Revenues to State Pension Funds

The transfer, under the state’s volatility cap program, will add $685.1 million to the employees’ system and $618.9 million to the teachers’ pension fund.

Pensions March 18, 2026

Connecticut Pension Returns 14.2% in 2025, Commits $650M

Assets of the Connecticut Retirement Plans and Trust Funds rose to $68.7 billion at the end of 2025.

Newsmakers August 12, 2025

Denise Stake Named Connecticut Deputy CIO

Stake was promoted from her role as principal investment officer for real assets and will be succeeded by Amit Aggarwal.

Regulation July 1, 2025

CT Governor Signs Bill Banning Digital Assets in State Holdings

H.B. 7082, signed Monday by Ned Lamont, will bar investments in cryptocurrencies and related investments.

Regulation March 10, 2025

Connecticut Democrats Try Private Endowment Tax Again

This time around, they may have help from congressional Republicans.

Pensions September 12, 2024

Connecticut Pension Achieves 11.5% Return in Fiscal 2024

Assets of the state's pension system grew to $7.9 billion.

Newsmakers May 17, 2023

Connecticut Leaders Agree to Reform State Pension System

Governor says changes will save the state and its cities more than $840 million over 31 years.

Regulation March 14, 2023

Connecticut Bill Would Allow Cities to Tax Private College Endowments

Yale’s $41.4 billion endowment could be targeted by the city of New Haven if the proposed legislation passes.

Pensions March 7, 2023

Teacher Pension Costs Triple Since 2001, Report Says

Research finds education retirement costs are significantly outpacing education spending.

Newsmakers January 26, 2023

State & Municipal Treasurers Publish Letter Encouraging McCarthy to Make Deal on Federal Debt Ceiling

They say a default would be ‘catastrophic’ and devalue portfolios, damaging pension funds and 401(k) plans.

Newsmakers April 14, 2022

Connecticut Treasurer Shawn Wooden Won’t Seek Reelection

The surprise decision comes after a little more than three years on the job.

Newsmakers December 2, 2021

Connecticut Reins in Public Pension Costs

The state general assembly forecasts $290 million in pension cost cuts by 2026 thanks to a volatility cap excess.

Pensions August 12, 2021

Connecticut Seeks Volunteers for Pilot Retirement Program

The retirement authority is offering companies a chance to help design a state-run plan called MyCTSavings

Corporate Moves August 6, 2021

Connecticut Pension Fund Poaches LACERA’s Ted Wright to be New CIO

He replaces Laurie Martin as head of the $40 billion Connecticut Retirement Plans and Trust Funds.

Asset Management Culture November 12, 2020

Ray Dalio Sides with Chinese Regulators over Jack Ma

Foiled IPOs be damned, diversifying into China is worth the risk, according to the Bridgewater founder.