Connecticut 2011 Regular Session

Connecticut Senate Bill SB00570 Latest Draft

Bill / Introduced Version Filed 01/20/2011

                            General Assembly  Proposed Bill No. 570
January Session, 2011  LCO No. 932
Referred to Committee on Appropriations
Introduced by:
SEN. BOUCHER, 26th Dist.

General Assembly

Proposed Bill No. 570 

January Session, 2011

LCO No. 932

Referred to Committee on Appropriations 

Introduced by:

SEN. BOUCHER, 26th Dist.

AN ACT CONCERNING NEWLY-HIRED STATE EMPLOYEES AND DEFINED CONTRIBUTION BENEFIT PLANS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to require all newly-hired employees entering state service to participate in a defined contribution benefit plan rather than the current defined benefit system. 

Statement of Purpose: 

To change the state employee pension from a defined benefit plan to a defined contribution plan.