Resources

Issue brief and backgrounder from the Connecticut General Assembly's nonpartisan Office of Legislative Research that explains the volatility cap, and the related bond covenant requirement, which was initially passed as part of Connecticut's biennial budget for fiscal years 2018-19.

Each year, in accordance with state statutes, the Office of the State Treasurer releases an Annual Report that includes "quantitative data, explanatory comments, and financial information regarding the Connecticut Retirement Plans and Trust Funds; the Short-Term Investment Fund; and the Connecticut Higher Education Trust, Connecticut’s 529 College Savings Program." The Annual Report also includes information about the "operations of the divisions of Cash Management, Debt Management, Pension Funds Management, Second Injury Fund and Unclaimed Property."

Each year, as required by state statute, the State Comptroller releases a report detailing the balances for the State's various funds. This report also details realized revenue versus budgeted revenue for specific State funds.

Fact sheets from the Connecticut General Assembly's Office of Fiscal Analysis that provide data about the Teachers' Retirement System (TRS), including information about the System's 1) membership, 2) state contributions, and 3) actuarial value of assets and liabilities.

This infographic from the Connecticut General Assembly's Office of Fiscal Analysis illustrates the workings of the Education Cost Sharing (ECS) formula. The ECS formula is the method the state legislature has established to distribute approximately $2 billion in state education funding to local and regional public school districts.