Connecticut 2017 Regular Session

Connecticut Senate Bill SB00639 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 639
22 January Session, 2017 LCO No. 2105
33 *02105*
44 Referred to Committee on LABOR AND PUBLIC EMPLOYEES
55 Introduced by:
66 SEN. FASANO, 34th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 639
1111
1212 January Session, 2017
1313
1414 LCO No. 2105
1515
1616 *02105*
1717
1818 Referred to Committee on LABOR AND PUBLIC EMPLOYEES
1919
2020 Introduced by:
2121
2222 SEN. FASANO, 34th Dist.
2323
2424 AN ACT CONCERNING THE MUNICIPAL EMPLOYEE RETIREMENT SYSTEM.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 That title 7 of the general statutes be amended to (1) exclude overtime from retirement benefit calculations, (2) increase the retirement age to sixty-two, (3) limit cost-of-living increases to between zero and four per cent, (4) increase employee contributions, and (5) create a tier consistent with state employee retirement system tier III for new eligible employees.
2929
3030 Statement of Purpose:
3131
3232 To implement pension reform under the municipal employee retirement system.