Connecticut 2015 Regular Session

Connecticut Senate Bill SB00109 Latest Draft

Bill / Introduced Version Filed 01/15/2015

                            General Assembly  Proposed Bill No. 109
January Session, 2015  LCO No. 1369
 *01369*
Referred to Committee on LABOR AND PUBLIC EMPLOYEES
Introduced by:
SEN. LINARES, 33rd Dist.

General Assembly

Proposed Bill No. 109 

January Session, 2015

LCO No. 1369

*01369*

Referred to Committee on LABOR AND PUBLIC EMPLOYEES 

Introduced by:

SEN. LINARES, 33rd Dist.

AN ACT CONCERNING STATE EMPLOYEES AND AN OPTIONAL DEFINED CONTRIBUTION RETIREMENT SYSTEM.

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

That the general statutes be amended to allow all state employees the option of participating in a privately administered defined contribution benefit retirement plan in lieu of the current defined benefit system.

Statement of Purpose: 

To allow state employees the option to choose private retirement plan over the current pension system.