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Panel seeks new ways to slow skyrocketing pension costs

JULY 25, 2018 | by Keith Phaneuf | CONNECTICUT MIRROR

“A new panel is exploring how Connecticut can use state assets — both physical properties and revenue streams — to mitigate pension costs expected to surge dramatically over the next 15 years. … By selling, leasing, transferring or even borrowing against these assets, Connecticut could — through a complicated process — slow the growth of pension costs that already consume about 15 percent of the General Fund.”

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