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CT SB00367

Bill

Official Source

Status

Introduced

1/19/2017

Primary Sponsor

Henri Martin

Click for details

Origin

Senate

2017 General Assembly

AI Summary

  • Amends chapter 66 of the general statutes to exclude overtime payments, longevity pay, and mileage reimbursements from base salary calculations used to determine state employee retirement income.

  • Eliminates consideration of these three types of compensation when computing pension benefits for state employees.

  • Aims to reduce the unfunded state pension liability by lowering the basis for retirement income calculations.

Legislative Description

An Act Excluding Overtime Payments, Longevity Pay And Reimbursement For Mileage From The Calculation Of Retirement Income Of State Employees.

Last Action

Public Hearing 03/24

3/17/2017

Committee Referrals

Appropriations1/19/2017

Full Bill Text

No bill text available