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Connecticut cities’ pensions are in a tougher spot than state’s

JULY 9, 2018 | by Paul Burton | THE BOND BUYER

“… Connecticut’s well-chronicled budget imbalance and legacy cost problems, which have incurred the wrath of bond-rating agencies, have effectively masked urban problems within the state, according to Eide. 'Public pensions in Connecticut are unusually decentralized,' he said. Of its 212 public pension plans — the sixth-highest total of any U.S. state —206 are local plans.”

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