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CT HB05009

Bill

Official Source

Status

Introduced

1/4/2017

Primary Sponsor

Sam Belsito

Click for details

Origin

House of Representatives

2017 General Assembly

AI Summary

  • Excludes overtime payments, bonuses, and accrued vacation time payouts from calculations of base salary and final average earnings for state employee retirement benefits
  • Excludes wage increases occurring during an employee's final four years of state service from retirement income calculations
  • Applies to Chapter 66 of the general statutes governing state employee pensions
  • Intended to prevent artificial inflation of state pension amounts

Legislative Description

An Act Concerning Exclusions From The Calculation Of State Employee Retirement Income.

Last Action

Public Hearing 03/24

3/17/2017

Committee Referrals

Appropriations1/4/2017

Full Bill Text

No bill text available