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CT SB00448

Bill

Official Source

Status

Introduced

1/21/2011

Primary Sponsor

Robert Kane

Click for details

Origin

Senate

2011 General Assembly

AI Summary

  • Adds the State Treasurer as a member of the State Employees Retirement Commission.
  • Requires the State Employees Retirement Commission to review reports from the National Association of State Retirement Administrators before adopting an assumed rate of return.
  • Mandates the State Employees Retirement Commission present an annual status report to the joint standing committee on finance, revenue and bonding regarding the fiscal health of the retirement system.
  • Annual report must include an examination of the actual return rate realized by Connecticut's pension funds.

Legislative Description

An Act Concerning The State Employees Retirement Commission.

Last Action

Public Hearing 04/05

3/18/2011

Committee Referrals

Appropriations1/21/2011

Full Bill Text

No bill text available