By Keith Phaneuf, from May 13, includes “Connecticut continues to pay millions of dollars annually in pension benefits in excess of federal and contractual limits, a problem that’s gone unresolved for nearly a decade, state auditors reported Monday. … In 2014, then-state Treasurer Denise L. Nappier threatened last year to warn Connecticut bond investors that the state’s pension system was at risk of losing its federally qualified ranking because of similar over-payments. … Labor unions assert the IRS cap does not apply as broadly as the auditors assert.”