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CT SB00380

Bill

Official Source

Status

Introduced

1/9/2025

Primary Sponsor

Ryan Fazio

Click for details

Origin

Senate

2025 General Assembly

AI Summary

  • Office of Policy and Management would be required to study the feasibility of offering state employees a pension buyout option
  • Buyout would consist of an advance lump-sum cash payment calculated from the employee's estimated lifetime pension benefits
  • Study must assess the potential benefit to taxpayers from such a program
  • Referred to the Appropriations Committee for consideration

Legislative Description

An Act Concerning A Study Of A Pension Buyout Plan For State Employees.

Last Action

Referred to Joint Committee on Appropriations

1/9/2025

Committee Referrals

Appropriations1/9/2025

Full Bill Text

No bill text available