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Governor Lamont proposes historic pension reform

MAY 20, 2019 | GREENWICH FREE PRESS

Letter to the editor by Sean Goldrick, includes “First, far from being too expensive to afford, as Republicans claim, Connecticut’s public school teacher pension benefits are actually lousy. The Boston College Center for Retirement Studies’ 2015 report concluded that the ‘generosity’ of Connecticut teacher pension benefits, measured by the normal cost as a percentage of payroll, falls below the national average. The Urban Institute’s analysis of state teacher pension benefits awarded Connecticut an ‘F’, one of just five states receiving a failing grade.”

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