As districts work to meet increasing student needs and maintain high-quality educational programs, the purchasing power of state and local dollars has eroded under the cumulative effects of persistent inflation. To understand how rising costs are impacting students and teachers in the classroom, we conducted interviews with leaders across 18 school districts.
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).
As a supplement to our January 2018 report, Factors Contributing to Health of State Employee Pension Funds, this policy briefing analyzes the health of Connecticut’s Teachers’ Retirement System (TRS), examines the factors that led to the system’s 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).
This report identifies key factors that contribute to the health of state employee pension systems, and uses these key factors to assess and compare the health of state employee pension systems in Connecticut with other peer states.