3/26/24 Finance Committee Pension Fund Investment Performance Informational Forum

Finance, Revenue and Bonding Committee · April 3, 2024

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Call to order and Treasurer introduction

Presentation

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Chair opens the informational forum and introduces Connecticut State Treasurer Eric Russell to present on pension performance and reforms. Treasurer thanks the committee and takes the microphone to begin (treasurer remarks begin).

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Speakers:Unidentified Chair (Madam Chair)

An informational forum of the Finance, Revenue and Bonding Committee where Connecticut State Treasurer Eric Russell and Yale researchers presented on pension fund performance, reforms and governance. The treasurer outlined staffing, investment-process changes and improved recent returns; Yale presenters detailed long-running underperformance and urged clearer benchmarks, independent oversight and limits on managers.

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Transcript

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