Loading chat...
CT HB05396
Bill
Status
4/25/2014
Primary Sponsor
Appropriations Committee
Click for details
AI Summary
-
Allows teachers' retirement system members to retain their coparticipant option after divorce by filing a qualified domestic relations order with the board, effective July 1, 2014.
-
Under prior law, a coparticipant option was automatically terminated if the designated coparticipant died or was divorced from the member after retirement, with the member reverting to their normal or proratable retirement benefit.
-
Restructures subdivision (3) of section 10-183j(d) into subparagraphs (A) and (B) to clarify that retention through a qualified domestic relations order is an exception to the general termination rule.
-
Amends the general statutes section 10-183j(d) effective July 1, 2014.
Legislative Description
An Act Concerning Retention Of The Coparticipant Option Under The Teachers' Retirement System After Divorce.
Last Action
Senate Calendar Number 493
4/28/2014