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CT HB05848

Bill

Official Source

Status

Introduced

1/19/2017

Primary Sponsor

Rosa Rebimbas

Click for details

Origin

House of Representatives

2017 General Assembly

AI Summary

  • Excludes overtime payments, bonuses, and accrued vacation time payouts from base salary and final average earnings calculations for state employee retirement benefits.

  • Excludes wage increases exceeding 3 percent annually during an employee's final four years of state service from retirement income calculations.

  • Excludes mileage reimbursements from base salary and final average earnings calculations.

  • Applies to Connecticut General Statutes Chapter 66 governing state employee retirement.

  • Purpose is to prevent artificial inflation of state pension amounts.

Legislative Description

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

Last Action

Public Hearing 03/24

3/17/2017

Committee Referrals

Appropriations1/19/2017

Full Bill Text

No bill text available