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Pension debacle worsens; capitol just ignores it

Chris Powell  |  December 2, 2019

Op-ed by Chris Powell, includes “… But last week a study for the Connecticut Council of Municipalities, written by Gordon Hamlin of Pro Bono Public Pensions, put the total at $112 billion and estimated that unfunded municipal pension obligations amount to another $14 billion. Since municipal government finance is so intertwined with state government finance, that additional $14 billion is effectively state government’s obligation as well …”  

Read the full article on: The Bulletin (Connecticut)

 
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