Connecticut 2017 Regular Session

Connecticut House Bill HB06466 Compare Versions

Only one version of the bill is available at this time.
OldNewDifferences
11 General Assembly Proposed Bill No. 6466
22 January Session, 2017 LCO No. 1954
33 *01954*
44 Referred to Committee on PLANNING AND DEVELOPMENT
55 Introduced by:
66 REP. KLARIDES, 114th Dist. REP. CANDELORA, 86th Dist. REP. HOYDICK, 120th Dist. REP. O'DEA, 125th Dist. REP. O'NEILL, 69th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 6466
1111
1212 January Session, 2017
1313
1414 LCO No. 1954
1515
1616 *01954*
1717
1818 Referred to Committee on PLANNING AND DEVELOPMENT
1919
2020 Introduced by:
2121
2222 REP. KLARIDES, 114th Dist.
2323
2424 REP. CANDELORA, 86th Dist.
2525
2626 REP. HOYDICK, 120th Dist.
2727
2828 REP. O'DEA, 125th Dist.
2929
3030 REP. O'NEILL, 69th Dist.
3131
3232 AN ACT CONCERNING THE MUNICIPAL EMPLOYEE RETIREMENT SYSTEM.
3333
3434 Be it enacted by the Senate and House of Representatives in General Assembly convened:
3535
3636 That the general statutes be amended to require that (1) any municipal employee who is a member of the municipal employees' retirement system and was hired on or after July 1, 2016, participate in a municipal employee defined contribution plan for which the State Comptroller shall establish a contribution schedule, in lieu of any defined benefit retirement program, and (2) the State Comptroller establish a voluntary process for municipal employees hired prior to or on June 30, 2016, to convert from a defined benefit retirement program to the municipal employee defined contribution plan.
3737
3838 Statement of Purpose:
3939
4040 To provide relief to municipalities.