Connecticut Municipal Pension Plan Debt Rises Dramatically, Putting Pressure On Towns

While Connecticut has made headway paying down billions in state employee and teacher pension debt, another state-run retirement plan is heading in the opposite direction.

The Connecticut Municipal Employees’ Retirement System (CMERS), which was established as a state-run employee pension option for towns and cities, has long been overlooked when it comes to Connecticut’s staggering pension debt, mostly because the system remained well-funded compared to Connecticut’s two largest pension plans for state employees (SERS) and teachers (TRS). 

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The LRIS staff finds news stories on labor and employment issues affecting law enforcement, fire protection, corrections, EMTs and other public safety personnel.
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