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CT HB05594

Bill

Official Source

Status

Introduced

1/13/2017

Primary Sponsor

Prasad Srinivasan

Click for details

Origin

House of Representatives

2017 General Assembly

AI Summary

  • Requires all state employees and officials hired on or after the effective date of this act to participate in defined contribution retirement plans
  • Changes retirement plan structure from the current defined benefit system to defined contribution plans for new hires only
  • Applies exclusively to newly hired state employees and does not affect current employees
  • Referred to the Committee on Appropriations during the January 2017 legislative session

Legislative Description

An Act Concerning Defined Contribution Retirement Plans For Certain State Employees.

Last Action

Public Hearing 03/24

3/17/2017

Committee Referrals

Appropriations1/13/2017

Full Bill Text

No bill text available