Actuary Sets Record Straight on Teacher Pensions

Misconceptions abound when it comes to teachers’ pensions, but today, in a presentation to the Pension Sustainability Commission, an actuary clarified that Connecticut teachers’ pension benefits are actually quite modest. John Garrett, principal and consulting actuary at Cavanaugh Macdonald Consulting, shared findings from the March 2018 report of the Connecticut Teachers’ Retirement System Viability Commission. Garrett…