Connecticut 2017 Regular Session

Connecticut Senate Bill SB00578 Latest Draft

Bill / Introduced Version Filed 01/23/2017

                            General Assembly  Proposed Bill No. 578
January Session, 2017  LCO No. 2099
 *02099*
Referred to Committee on APPROPRIATIONS
Introduced by:
SEN. HWANG, 28th Dist.

General Assembly

Proposed Bill No. 578 

January Session, 2017

LCO No. 2099

*02099*

Referred to Committee on APPROPRIATIONS 

Introduced by:

SEN. HWANG, 28th Dist.

AN ACT INCREASING CONTRIBUTIONS BY STATE EMPLOYEES TO THE STATE EMPLOYEE RETIREMENT SYSTEM.

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

That the general statutes be amended to increase contributions made by state employees to the state employees retirement system from two per cent of salary to eight per cent of salary.

Statement of Purpose: 

To reduce the unfunded pension liability of the state by increasing contributions made by state employee contributions to the state employees retirement system.