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CT SB00312

Bill

Official Source

Status

Introduced

1/23/2013

Primary Sponsor

Leroy Frantz

Click for details

Origin

Senate

2013 General Assembly

AI Summary

  • Requires the State Employees Retirement Commission to review reports from the National Association of State Retirement Administrators before adopting an assumed rate of return for investments
  • Mandates annual status reports to the joint standing committee on finance, revenue and bonding regarding the retirement system's fiscal health
  • Annual reports must include examination of actual return rates realized by Connecticut's pension funds
  • Aims to ensure the Commission adopts realistic assumed rates of return for its investments

Legislative Description

An Act Concerning The State Employees Retirement Commission.

Last Action

Change of Reference, Senate to Committee on Finance, Revenue and Bonding

2/19/2013

Committee Referrals

Finance, Revenue and Bonding2/19/2013
Appropriations1/23/2013

Full Bill Text

No bill text available