General Assembly Proposed Bill No. 5657
January Session, 2011 LCO No. 1016
Referred to Committee on Appropriations
Introduced by:
REP. REYNOLDS, 42nd Dist.
General Assembly
Proposed Bill No. 5657
January Session, 2011
LCO No. 1016
Referred to Committee on Appropriations
Introduced by:
REP. REYNOLDS, 42nd Dist.
AN ACT CONCERNING STATE EMPLOYEE PENSION AND POST-EMPLOYMENT BENEFIT LIABILITIES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to require the Governor to develop and submit a long-term plan to the Appropriations Committee by September 30, 2011, to reduce state employee pension and post-employment benefit liabilities. Said plan shall include recommendations for reform and contain a long-term schedule of investment growth projections and state and employee contributions that will reduce the unfunded liability to twenty per cent.
Statement of Purpose:
To develop and adopt a plan to reduce state employee pension and post-employment benefit liabilities.