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CT SB00679

Bill

Official Source

Status

Introduced

1/24/2011

Primary Sponsor

Kevin Kelly

Click for details

Origin

Senate

2011 General Assembly

AI Summary

  • Requires all new state employees hired after June 1, 2011 to participate in a defined contribution benefit plan instead of the current defined benefit system
  • Shifts retirement benefit structure for new employees from defined benefit to defined contribution plans
  • Applies only to employees entering state service after the June 1, 2011 effective date
  • Increases the share of retirement benefits that new employees must pay themselves

Legislative Description

An Act Concerning New State Employees And Defined Contribution Benefit Plans.

Last Action

Referred to Joint Committee on Labor and Public Employees

1/24/2011

Committee Referrals

Labor and Public Employees1/24/2011

Full Bill Text

No bill text available