General Assembly Proposed Bill No. 5006
January Session, 2017 LCO No. 245
*00245*
Referred to Committee on APPROPRIATIONS
Introduced by:
REP. PISCOPO, 76th Dist.
General Assembly
Proposed Bill No. 5006
January Session, 2017
LCO No. 245
*00245*
Referred to Committee on APPROPRIATIONS
Introduced by:
REP. PISCOPO, 76th Dist.
AN ACT CONCERNING STATE EMPLOYEES WHO ARE EXEMPT FROM CLASSIFIED SERVICE AND DEFINED CONTRIBUTION RETIREMENT PLANS.
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 and officials who are exempt from classified service to participate in a defined contribution benefit plan rather than the current defined benefit system.
Statement of Purpose:
To help reduce the overall cost of the state employee workforce in Connecticut by shifting certain state employees to a defined contribution retirement plan.