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Ned Lamont: “Today our pension was maybe, was 35% funded eight years ago…”

Featuring: Ned Lamont, Democratic | Governor of Connecticut

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Governor Ned Lamont on Connecticut's Stability in Uncertain Times

Published | Video Starts at 08:04

And we've also, you maybe remember the pension was just eating us alive and nobody had saved for the pension going back 50 years. Today our pension was maybe, was 35% funded eight years ago. Now it's about 65% funded. I know that's sort of a complicated concept, but it means we're getting our act together and it means that it no longer is eating up more and more of our budget. (08:04–08:11)

CLAIM

Asserts that the state's pension funding has increased from 35% to 65% over eight years.

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