General Assembly Proposed Bill No. 346
January Session, 2013 LCO No. 1263
Referred to Committee on LABOR AND PUBLIC EMPLOYEES
Introduced by:
SEN. MCLACHLAN, 24th Dist.
General Assembly
Proposed Bill No. 346
January Session, 2013
LCO No. 1263
Referred to Committee on LABOR AND PUBLIC EMPLOYEES
Introduced by:
SEN. MCLACHLAN, 24th Dist.
AN ACT CONCERNING A DEFINED CONTRIBUTION PLAN AND STATE EMPLOYEE PENSIONS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
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.
Statement of Purpose:
To save the state money by reducing its long-term liabilities through comprehensive pension reform.