Regulations of Connecticut State Agencies
Income received by the combined investment funds during the preceding valuation month shall be distributed ratably to retirement and trust participants in accordance with their unit holdings as follows:
Dividends, the amount and frequency to be determined by the Treasurer, shall be declared and paid by the Treasurer to participants on or about the 10th business day of any month following valuation. The dividends will consist of income received by the combined investment funds during the preceding month.
(Effective April 19, 1991; Amended September 30, 1998)