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CT SB01123
Bill
Status
3/3/2011
Primary Sponsor
Appropriations Committee
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AI Summary
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Directs the Legislative Program Review and Investigations Committee to study the "anti-spiking" limitation under section 5-162 of the general statutes that caps covered earnings at 130% of the average of the two previous years' earnings for state employee retirement calculations.
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Requires the study to consider whether the 130% earnings cap should be changed to a different percentage and examine other factors relevant to the continued use of this limitation.
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Mandates the committee submit a report with findings and recommendations to the General Assembly by February 1, 2012.
Legislative Description
An Act Directing The Program Review And Investigations Committee To Study The "anti-spiking" Provision Under The State Employees Retirement Act.
Last Action
File Number 746
5/5/2011