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CT HB05696

Bill

Official Source

Status

Introduced

1/17/2017

Primary Sponsor

Terrie Wood

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 to participate in defined contribution retirement plans instead of the current defined benefit system
  • Applies only to newly hired employees, leaving current employees under existing pension arrangements
  • Referred to the Committee on Appropriations
  • Introduced by Rep. Wood (141st District) during the January 2017 General Assembly session
  • Intended to reform state pensions and reduce costs

Legislative Description

An Act Concerning Defined Contribution Retirement Plans For Newly Hired State Employees.

Last Action

Public Hearing 03/24

3/17/2017

Committee Referrals

Appropriations1/17/2017

Full Bill Text

No bill text available