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May 12, 2020

Connecticut Economy & State Finance 101

This presentation from the School and State Finance Project covers the basics of what an economy is, and how Connecticut's economy and its state budget interact and impact one another. The presentation also explores how choices impact the economy and what affects Connecticut's economic policy decisions.

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less than 1 minute

Economy

December 12, 2019

Connecticut's Fixed Costs (INFOGRAPHIC)

Fixed costs are an increasing portion of the Connecticut state budget, and are expenditures the State is obligated to make. In fiscal year 2019, over half ($9.72 billion) of Connecticut's total General Fund expenditures were categorized as "fixed costs." As the State's fixed costs are increasing, the amount of money available for the discretionary — or non-fixed — portion of Connecticut's General Fund is shrinking. This infographic details the items that make up Connecticut's fixed costs, and how they have grown over the years.

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less than 1 minute

State Budget

September 27, 2019

Changes to Connecticut’s Teachers’ Retirement System (TRS) in Public Act 19-117

Public Act 19-117, which implements Connecticut’s state biennial budget for the 2020 and 2021 fiscal years, contains several changes to the Connecticut Teachers’ Retirement System (TRS). This document details these changes and analyzes the projected impact of the changes on the TRS and the State of Connecticut.

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less than 1 minute

Fixed Costs

April 25, 2019

Governor Lamont’s Proposed Changes to Connecticut’s Teachers’ Retirement System (TRS)

Governor Ned Lamont’s proposed biennial state budget for fiscal years 2020 and 2021 contains several changes to the Connecticut Teachers’ Retirement System (TRS). The purpose of this explainer document is to detail Governor Lamont’s proposed changes to the TRS and to analyze the projected impact of these changes on the system and the State of Connecticut. This resource also includes the actuarial projections, from Connecticut's Office of Policy and Management, for the governor's proposed changes to the TRS.

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less than 1 minute

Fixed Costs

April 05, 2019

Connecticut's Municipal Employee Retirement System

As a supplement to the Connecticut School Finance Project’s January 2018 report, Factors Contributing to Health of State Employee Pension Funds, this policy briefing analyzes the health of Connecticut’s Municipal Employee Retirement System (MERS), examines the factors contributing to the system’s relatively healthy current funding level, and discusses the features of the system that differentiate it from other public pension systems, such as Connecticut’s State Employees Retirement System (SERS).

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less than 1 minute

Fixed Costs

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