July contributions have dramatically boosted the fiscal position for FY26, reducing the net loss to $13.4M, but a crucial solvency metric still raises concerns.
Learn more here
#CT #CitizenPortal #SolvencyMetrics #WageGrowth #FiscalResponsibility
Learn more here
#CT #CitizenPortal #SolvencyMetrics #WageGrowth #FiscalResponsibility
Actuary: July contributions lift fiscal‑year position but one solvency metric remains unmet
The CT Paid Leave Authority’s actuary reported July contributions raised FY26 earned contributions to $504.9M and reduced the reported net loss to $13.4M, but one of three statutory solvency metrics remains unmet (0.575:1). The board discussed drivers and asked for further analysis.
citizenportal.ai
August 28, 2026 at 11:32 PM
July contributions have dramatically boosted the fiscal position for FY26, reducing the net loss to $13.4M, but a crucial solvency metric still raises concerns.
Learn more here
#CT #CitizenPortal #SolvencyMetrics #WageGrowth #FiscalResponsibility
Learn more here
#CT #CitizenPortal #SolvencyMetrics #WageGrowth #FiscalResponsibility