LCO No. 4885 1 of 2
General Assembly Raised Bill No. 978
January Session, 2019
LCO No. 4885
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
(INS)
AN ACT CONCERNING TE ACHERS' RETIREMENT SYSTEM
CONTRIBUTIONS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. Subdivision (7) of section 10-183b of the general statutes is 1
repealed and the following is substituted in lieu thereof (Effective 2
October 1, 2019): 3
(7) "Contributions" means amounts withheld pursuant to this 4
chapter and paid to the board by an employer from compensation 5
payable to a member. Prior to July 1, 1989, "mandatory contributions" 6
are contributions required to be withheld under this chapter and 7
consist of five per cent regular contributions and "one per cent 8
contributions". From July 1, 1989, to June 30, 1992, "mandatory 9
contributions" are contributions required to be withheld under this 10
chapter and consist of five per cent regular contributions and one per 11
cent health contributions. From July 1, 1992, to June 30, 2004, 12
"mandatory contributions" are contributions required to be withheld 13
under this chapter and consist of six per cent "regular contributions" 14
and one per cent health contributions. From July 1, 2004, to December 15 Raised Bill No. 978
LCO No. 4885 2 of 2
31, 2017, "mandatory contributions" are contributions required to be 16
withheld under this chapter and consist of six per cent regular 17
contributions and one and one-fourth per cent health contributions. 18
[On and after] From January 1, 2018, to December 31, 2019, inclusive, 19
"mandatory contributions" are contributions required to be withheld 20
under this chapter and consist of seven per cent "regular contributions" 21
and one and one-fourth per cent health contributions. On and after 22
January 1, 2020, "mandatory contributions" are contributions required 23
to be withheld under this chapter and consist of seven per cent 24
"regular contributions" and one and one-fourth per cent health 25
contributions, except that no health contributions shall be required for 26
an employee of the Technical Education and Career System established 27
pursuant to section 10-95 that (A) has completed the vesting service 28
necessary to receive health benefits provided to retired state 29
employees, and (B) does not participate in any group health insurance 30
plans maintained for retired teachers. "Voluntary contributions" are 31
contributions by a member authorized to be withheld under section 32
10-183i. 33
This act shall take effect as follows and shall amend the following
sections:
Section 1 October 1, 2019 10-183b(7)
Statement of Purpose:
To exempt certain employees of the Technical Education and Career
System from mandatory health contributions to the Teachers'
Retirement System.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline,
except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is
not underlined.]