LCO No. 431 1 of 1 General Assembly Proposed Bill No. 106 January Session, 2019 LCO No. 431 Referred to Committee on APPROPRIATIONS Introduced by: SEN. BERGSTEIN, 36th Dist. AN ACT CONCERNING THE RECALCULATION OR CAPPING OF CERTAIN STATE EMPLOYEE PENSIONS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to enact pension reform by 1 either (1) requiring the recalculation of all pensions above one hundred 2 thousand dollars per year based on the employee's salary over the final 3 five years of employment, excluding any payments for overtime, or (2) 4 capping state employee pensions at one hundred twenty thousand 5 dollars per year. 6 Statement of Purpose: To lower state employee retirement costs by capping or recalculating certain high-cost pensions.