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CT HB05516

Bill

Status

Introduced

1/18/2023

Primary Sponsor

Jason Doucette

Click for details

Origin

House of Representatives

2023 General Assembly

AI Summary

  • Full-time teachers who worked from March 2020 to June 2022 accrue two years and four months of service credit under the teachers' retirement system
  • Service credit accrual rate increases to three percent of highest three years of salary per year, up from the current two percent rate
  • Teachers must work three additional years beyond 2022 and retire no earlier than June 2025 to qualify for the enhanced service credit
  • Eligible teachers who retire between June 2022 and June 2025, or who have reached the 37.5-year pension maximum, receive a one-time $2,500 bonus
  • Amends chapter 167a of the general statutes

Legislative Description

An Act Concerning Retirement Benefits For Teachers Who Worked Through The Covid-19 Pandemic.

Last Action

Referred to Joint Committee on Appropriations

1/18/2023

Committee Referrals

Appropriations1/18/2023

Full Bill Text

No bill text available