Substitute Senate Bill No. 978
Public Act No. 19-73
AN ACT CONCERNING TE ACHERS' RETIREMENT S YSTEM
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
repealed and the following is substituted in lieu thereof (Effective
October 1, 2019):
(7) "Contributions" means amounts withheld pursuant to this
chapter and paid to the board by an employer from compensation
payable to a member. Prior to July 1, 1989, "mandatory contributions"
are contributions required to be withheld under this chapter and
consist of five per cent regular contributions and "one per cent
contributions". From July 1, 1989, to June 30, 1992, "mandatory
contributions" are contributions required to be withheld under this
chapter and consist of five per cent regular contributions and one per
cent health contributions. From July 1, 1992, to June 30, 2004,
"mandatory contributions" are contributions required to be withheld
under this chapter and consist of six per cent "regular contributions"
and one per cent health contributions. From July 1, 2004, to December
31, 2017, "mandatory contributions" are contributions required to be
withheld under this chapter and consist of six per cent regular
contributions and one and one-fourth per cent health contributions. Substitute Senate Bill No. 978
Public Act No. 19-73 2 of 2
[On and after] From January 1, 2018, to December 31, 2019, inclusive,
"mandatory contributions" are contributions required to be withheld
under this chapter and consist of seven per cent "regular contributions"
and one and one-fourth per cent health contributions. On and after
January 1, 2020, "mandatory contributions" are contributions required
to be withheld under this chapter and consist of seven per cent
"regular contributions" and one and one-fourth per cent health
contributions, except that no health contributions shall be required for
an employee of the state that (A) has completed the vesting service
necessary to receive health benefits provided to retired state
employees, and (B) does not participate in any group health insurance
plans maintained for retired teachers. Nothing in this subdivision shall
affect any other obligation of such a state employee to contribute to the
state's retiree health care trust fund. "Voluntary contributions" are
contributions by a member authorized to be withheld under section
10-183i.