Connecticut 2021 Regular Session

Connecticut House Bill HB06375 Compare Versions

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7-General Assembly Substitute Bill No. 6375
4+LCO No. 2615 1 of 2
5+
6+General Assembly Raised Bill No. 6375
87 January Session, 2021
8+LCO No. 2615
9+
10+
11+Referred to Committee on HIGHER EDUCATION AND
12+EMPLOYMENT ADVANCEMENT
13+
14+
15+Introduced by:
16+(HED)
17+
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1221 AN ACT CONCERNING TH E UNFUNDED PENSION L IABILITY
1322 PORTION OF THE FRINGE BENEFIT COST FOR EMPLOYEES OF
1423 THE CONSTITUENT UNIT S OF THE STATE SYSTEM OF HIGHER
1524 EDUCATION.
1625 Be it enacted by the Senate and House of Representatives in General
1726 Assembly convened:
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19-Section 1. (NEW) (Effective from passage) For the fiscal year ending 1
20-June 30, 2021, and for each fiscal year thereafter, the Comptroller shall 2
21-fund, from resources appropriated for the State Comptroller-Fringe 3
22-Benefits, the unfunded pension liability portion of the fringe benefit 4
23-costs of the constituent units of the state system of higher education for 5
24-employees compensated through resources other than the General 6
25-Fund. Nothing in this section shall change the funding by the 7
26-Comptroller of the fringe benefit costs of the constituent units of the 8
27-state system of higher education for employees compensated through 9
28-the General Fund from resources appropriated for the Stat e 10
29-Comptroller-Fringe Benefits. 11
28+Section 1. (NEW) (Effective July 1, 2021) For the fiscal year ending June 1
29+30, 2022, and for each fiscal year thereafter, the Comptroller shall fund, 2
30+from resources appropriated for the State Comptroller-Fringe Benefits, 3
31+the unfunded pension liability portion of the fringe benefit costs of the 4
32+constituent units of the state system of higher education for employees 5
33+compensated through resources other than the General Fund. Nothing 6
34+in this section shall change the funding by the Comptroller of the fringe 7
35+benefit costs of the constituent units of the state system of higher 8
36+education for employees compensated through the General Fund from 9
37+resources appropriated for the State Comptroller-Fringe Benefits. 10
3038 This act shall take effect as follows and shall amend the following
3139 sections:
40+ Raised Bill No. 6375
3241
33-Section 1 from passage New section
3442
35-HED Joint Favorable Subst.
43+
44+LCO No. 2615 2 of 2
45+
46+Section 1 July 1, 2021 New section
47+
48+Statement of Purpose:
49+To require the Comptroller to fund the unfunded pension liability
50+portion of the fringe benefit cost for employees of the constituent units
51+of the state system of higher education.
52+[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except
53+that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not
54+underlined.]
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