Can't Afford Such Generous State Pensions

The state pension data the Yankee Institute has made available at makes it abundantly clear that Connecticut taxpayer dollars are funding extraordinarily generous pensions for thousands of retired state workers. After working for 43 years for a private employer, my total pension is equal to pensions received by state workers after just five or six years. And they get those payments for life. When will the governor and state legislators begin address the extraordinarily high cost of state pensions? The former state treasurer and now governor of Rhode Island did just that, signing legislation to revert state pensions to defined contribution pensions...