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New commission to consider transfer of state assets to pension funds

JULY 26, 2018 | by Marc Fitch | YANKEE INSTITUTE FOR PUBLIC POLICY

“Connecticut’s new Pension Sustainability Commission held a press conference today in the Legislative Office Building to announce its mission: to consider transferring state assets to Connecticut's pension funds to help reduce the state's unfunded liabilities. Commission chairman Rep. Jonathan Steinberg, D-Westport, said “everything is on the table,” including state properties, buildings, parks and revenue generating assets like the Connecticut Lottery.”  (Note: Comment on article includes “It’s just another way of robbing Peter to pay Paul…”

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