The CT Pension funds are ranked near the BOTTOM – the main reason they are grossly underfunded is because the returns have been considerably lower than other pension plans.

CT pension vs. US pension plans.jpg

*Source: Pensions & Investments, FY ending 6/30/2022

Our state pension fund has a performance problem. Despite paying $800 Million in fees, the CT Pension funds earned billions less than a passive index fund.

CT pension vs. index.jpg

*Index Portfolio of 80% Russell 3000 Equity Index, 20% Barclays Aggregate Bond Index

Source: CT Treasurer SOC Reports, 6/30/2022