Connecticut Pension Funds Return 15.1% in FY2026 as Treasurer Unveils $750 Million Commitments
Updated
Updated · CT.gov · Sep 11
Connecticut Pension Funds Return 15.1% in FY2026 as Treasurer Unveils $750 Million Commitments
3 articles · Updated · CT.gov · Sep 11
Summary
$11 billion was added to Connecticut’s pension assets in FY2026 after the Connecticut Retirement Plans and Trust Funds posted a 15.1% return, Treasurer Erick Russell said.
The gain again beat the funds’ 6.9% assumed return rate, extending a four-year streak above target after returns of 10.14% in FY2025, 11.5% in FY2024 and 8.5% in FY2023.
$1.487 billion in excess FY2025 contributions under the state’s fiscal guardrails also boosted the funds, alongside a strategy emphasizing asset allocation, low-fee indexing and selected external managers.
At the same Investment Advisory Council meeting, Russell announced $750 million of new commitments—$500 million to two Fortress private-credit vehicles and $250 million to an IFM infrastructure fund.