US - The Connecticut Education Association (CEA) has demanded state lawmakers find a solution to plug the unfunded pension liabilities in the state teachers' pension fund that ballooned by almost US$2bn in the past two years.
An actuarial study by Larry Langer, actuary of the State Retirement Board (STRB), showed the state teachers’ pension fund unfunded liabilities had grown from $5.2bn to $6.9bn over the last two year...
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