Connecticut 2013 Regular Session

Connecticut Senate Bill SB00346 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 346
22 January Session, 2013 LCO No. 1263
33 Referred to Committee on LABOR AND PUBLIC EMPLOYEES
44 Introduced by:
55 SEN. MCLACHLAN, 24th Dist.
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77 General Assembly
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99 Proposed Bill No. 346
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1111 January Session, 2013
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1313 LCO No. 1263
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1515 Referred to Committee on LABOR AND PUBLIC EMPLOYEES
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1717 Introduced by:
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1919 SEN. MCLACHLAN, 24th Dist.
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2121 AN ACT CONCERNING A DEFINED CONTRIBUTION PLAN AND STATE EMPLOYEE PENSIONS.
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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 the general statutes be amended to require all state employees hired on or after July 1, 2013, to participate in a defined contribution benefit plan rather than the current defined benefit plan.
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2727 Statement of Purpose:
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2929 To save the state money by reducing its long-term liabilities through comprehensive pension reform.