Connecticut 2011 Regular Session

Connecticut Senate Bill SB00184 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 184
22 January Session, 2011 LCO No. 2244
33 Referred to Committee on Appropriations
44 Introduced by:
55 SEN. BOUCHER, 26th Dist.
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77 General Assembly
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99 Proposed Bill No. 184
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1111 January Session, 2011
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1313 LCO No. 2244
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1515 Referred to Committee on Appropriations
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1717 Introduced by:
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1919 SEN. BOUCHER, 26th Dist.
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2121 AN ACT CONCERNING THE "ANTI-SPIKING" PROVISION FOR CALCULATING STATE EMPLOYEE RETIREMENT INCOME.
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2323 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2525 That section 5-162 of the general statutes be amended to change the limitation on covered earnings from one hundred thirty per cent of the average of the two previous years' covered earnings to one hundred eighteen per cent of such earnings for purposes of calculating state employee retirement income.
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2727 Statement of Purpose:
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2929 To reduce state pension costs by reducing the "anti-spiking" provision from thirty per cent to eighteen per cent over the previous two years' earnings.