Connecticut Teachers Retirement System
public plan · State of Connecticut · New Haven, CT
ACTIVE
D
Pension Health Score
46/100
Funding Status52% Funded
0%80% threshold100%
$20.0B
Total Assets
$38.3B
Total Liabilities
$18.3B
Unfunded Liability
85,401
Participants
Funding History
What This Means for You
Connecticut Teachers Retirement System is significantly underfunded at 52%, with $18.3B in unfunded liabilities affecting 85,401 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. Public plans cannot declare bankruptcy, but severe underfunding may lead to reduced cost-of-living adjustments or increased employee contributions. If you are a participant, it is important to understand your options and consider diversifying your retirement income sources.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $20.0B | $38.3B | 52.2% | $810.8M |
| 2024 | $19.5B | $38.4B | 50.8% | $758.3M |
| 2023 | $18.1B | $43.5B | 41.6% | $765.1M |
| 2022 | $18.1B | $38.9B | 46.6% | $766.0M |
| 2021 | $17.3B | $32.6B | 53.0% | $898.5M |