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| ENCOURAGING RETURNS FROM CT PENSION FUNDS |
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Connecticut pension funds generated returns of 11.5% for the most recent fiscal year. That is a gain of $6.7 billion. This outstanding news from Governor Ned Lamont and State Treasurer Erick Russell means we can:
- Save taxpayers money immediately and in the future
- Guard against the impact of future down markets
- Accelerate the steps to pay down inherited legacy pension debt
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The continued improvement in Connecticut’s pension fund performance means we can free up revenue to fund valuable economic growth and social programs. We can also dedicate significant investments to childcare, housing, and fixing our aging roads, bridges, and highways.
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UPCOMING: SUSTAINAIBILITY AND RESILIENCY WEEK
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| "The initiative is designed to promote engagement, foster collaboration, and celebrate the progress and innovation being done in the state as the world faces increasingly complex environmental and social challenges. In recent years, the Connecticut state government has been working to implement actions to make the state one of the most resilient in the country, such as taking steps to increase energy efficiency, reduce the state’s carbon footprint, reduce waste, and reduce the costs of government operations. The Sustainability and Resiliency Week events are being organized to encourage more collaboration among partners while also engaging the general public and external organizations in these efforts."
For more information and details, please click HERE. |
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| CELEBRATING HISPANIC HERITAGE MONTH |
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| This Hispanic Heritage Month began Sunday and continues through October 15th, we’re not just celebrating culture - we’re honoring generations of resilience, creativity, and impact. |
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| From art to innovation the Hispanic community continues to shape our world tremendously. Let’s uplift, honor, and keep making history together! |
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| The Connecticut Department of Transportation (CTDOT) is developing a Resilience Improvement Plan (RIP) to help identify climate-related vulnerabilities and prioritize solutions across the agency’s multi-modal transportation network.
The RIP uses federal formula funds allocated for resilience-related planning activities under the Promoting Resilient Operations for Transformative, Efficient, and Cost-Saving Transportation (PROTECT) program created under the Infrastructure Investments and Jobs Act (IIJA).
By developing the RIP and incorporating it into the state’s Long-Range Transportation Plan, Connecticut will be eligible to reduce its federal/state cost share on transportation projects. The process also prepares the state for the continued operation and rapid recovery of surface transportation systems affected by major weather events, including natural disasters and changing climate conditions.
The plan will be conducted in two phases. Phase one will conduct a risk-based vulnerability assessment that draws on existing and future climate data to rank the vulnerability of state-owned assets. In the second phase, CTDOT will develop an implementation plan identifying potential projects, timelines, and cost estimates.
A survey is open to the public to provide feedback on what types of projects CTDOT should consider to improve resiliency across the state. To complete the survey, please click HERE.
For additional information, including a video overview of Connecticut’s statewide Resilience Improvement Plan, please click HERE. |
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| REMINDER: THRIVE 55+ DROP-IN PROGRAMS AND MORE |
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| A lot is going on at Thrive 55+. Check it out! |
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| Fall is officially here, and no one does it better. Our state is the ultimate autumn destination, from stunning foliage to apple orchards and cozy fall festivals. |
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| COMMUNITY EVENTS AND NOTICES |
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| Do not hesitate to contact me with any thoughts or concerns you may have at Aundre.Bumgardner@cga.ct.gov or 1-800-842-8267.
Sincerely,
Aundré Bumgardner
State Representative |
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