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CT SB00092

Bill

Official Source

Status

Introduced

2/15/2018

Primary Sponsor

Arthur Linares

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Origin

Senate

2018 General Assembly

AI Summary

  • Caps pensions for newly retiring state employees at the greater of $100,000 or the pension amount earned as of the effective date, effective July 1, 2018
  • Modifies the existing contract between the state and the State Employees Bargaining Agent Coalition under general statutes section 4e-76
  • Aims to address the state's long-term liabilities and severely underfunded pension system
  • Applies only to state employees retiring after the effective date; does not affect current retirees or vested benefits

Legislative Description

An Act Concerning Pension Reform.

Last Action

Referred to Joint Committee on Appropriations

2/15/2018

Committee Referrals

Appropriations2/15/2018

Full Bill Text

No bill text available