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CT SB00760

Bill

Official Source

Status

Introduced

1/23/2015

Primary Sponsor

Kevin Kelly

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Origin

Senate

2015 General Assembly

AI Summary

  • Requires all state employees hired after June 1, 2011 to participate in a defined contribution retirement plan instead of the current defined benefit system
  • Applies to new state employees going forward to modify retirement benefits structure
  • Referred to the Committee on Labor and Public Employees
  • Aims to reduce the state's financial burden by shifting from defined benefit to defined contribution retirement plans

Legislative Description

An Act Requiring New State Employees To Participate In A Defined Contribution Retirement Plan.

Last Action

Referred to Joint Committee on Labor and Public Employees

1/23/2015

Committee Referrals

Labor and Public Employees1/23/2015

Full Bill Text

No bill text available