Connecticut 2017 Regular Session

Connecticut House Bill HB05009 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5009
22 January Session, 2017 LCO No. 318
33 *00318*
44 Referred to Committee on APPROPRIATIONS
55 Introduced by:
66 REP. BELSITO, 53rd Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 5009
1111
1212 January Session, 2017
1313
1414 LCO No. 318
1515
1616 *00318*
1717
1818 Referred to Committee on APPROPRIATIONS
1919
2020 Introduced by:
2121
2222 REP. BELSITO, 53rd Dist.
2323
2424 AN ACT CONCERNING EXCLUSIONS FROM THE CALCULATION OF STATE EMPLOYEE RETIREMENT INCOME.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 That chapter 66 of the general statutes be amended to exclude the following from the calculations of base salary and final average earnings for purposes of determining state employees' retirement income: (1) Payments for overtime, bonuses or accrued vacation time made at any time during an employee's state service, and (2) wage increases during the last four years of an employee's state service.
2929
3030 Statement of Purpose:
3131
3232 To prevent state pensions from being artificially inflated.