Connecticut 2015 Regular Session

Connecticut Senate Bill SB00760 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 760
22 January Session, 2015 LCO No. 1724
33 *01724*
44 Referred to Committee on LABOR AND PUBLIC EMPLOYEES
55 Introduced by:
66 SEN. KELLY, 21st Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 760
1111
1212 January Session, 2015
1313
1414 LCO No. 1724
1515
1616 *01724*
1717
1818 Referred to Committee on LABOR AND PUBLIC EMPLOYEES
1919
2020 Introduced by:
2121
2222 SEN. KELLY, 21st Dist.
2323
2424 AN ACT REQUIRING NEW STATE EMPLOYEES TO PARTICIPATE IN A DEFINED CONTRIBUTION RETIREMENT PLAN.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 That the general statutes be amended to require all employees who entered state service after June 1, 2011, to participate in a defined contribution retirement plan rather than the current defined benefit system.
2929
3030 Statement of Purpose:
3131
3232 To ease the financial burden on the state by switching new state employees to a defined contribution retirement plan rather than the current defined benefit retirement plan.