BNY Mellon has been named global custodian by the Connecticut State Treasurer’s Office for the $28.5 billion Connecticut public pension plans and trusts.
BNY Mellon will provide global custody, accounting, and performance reporting services.
Connecticut’s retirement plans and trust funds comprise six pension funds and nine trust funds covering roughly 194,000 teachers, state and municipal employees who are pension plan participants and beneficiaries, as well as academic programs, grants and initiatives throughout the state. The three largest funds are the State Employees’ Retirement Fund, the Teachers’ Retirement Fund, and the Municipal Employees’ Retirement Fund.
Connecticut Appoints BNY Mellon
BNY Mellon has been named global custodian by the Connecticut State Treasurer's Office for the $28.5 billion Connecticut public pension plans and trusts.
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