LCO No. 4687 1 of 3 General Assembly Raised Bill No. 1079 January Session, 2021 LCO No. 4687 Referred to Committee on APPROPRIATIONS Introduced by: (APP) AN ACT CONCERNING CO MPETITIVENESS AND LA BOR COSTS AT THE CONNECTICUT AIRP ORT AUTHORITY. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Subsections (g) and (h) of section 15-120mm of the general 1 statutes are repealed and the following is substituted in lieu thereof 2 (Effective from passage): 3 (g) [The] Except as provided in subsection (h) of this section, the 4 officers and all other employees of the authority shall be state employees 5 for the purposes of retirement and group welfare benefits, [and 6 retirement,] including, but not limited to, those provided under chapter 7 66 and sections 5-257 and 5-259. The authority shall reimburse the 8 appropriate state agencies for all costs incurred by such designation. 9 (h) (1) The executive director, as described in subsection (d) of section 10 15-120bb, and any unclassified employee of the authority hired before 11 the effective date of this section, may, at the discretion of the authority 12 and at the one-time irrevocable option of the executive director or such 13 unclassified employee, be exempted from the provision of subsection 14 (g) of this section for the purposes of retirement under chapter 66 or 15 Raised Bill No. 1079 LCO No. 4687 2 of 3 group welfare benefits under sections 5-257 and 5-259. If the executive 16 director or such unclassified employee elects either or both such 17 options, as approved by the authority, the executive director's or such 18 unclassified employee's participation in the retirement or group welfare 19 benefits plan, as applicable, shall be suspended during the period of 20 such election and the executive director or unclassified employee may 21 participate in the retirement or group welfare benefits plan, or both, 22 developed by the authority pursuant to subdivision (3) of this 23 subsection while the executive director or such unclassified employee is 24 an employee of the authority. 25 (2) Any unclassified employee of the authority hired on or after the 26 effective date of this section shall be exempted from the provisions of 27 subsection (g) of this section for the purposes of retirement under 28 chapter 66 and group welfare benefits under sections 5-257 and 5-259 29 and shall participate in the retirement and group welfare benefits plan 30 developed by the authority pursuant to subdivision (3) of this 31 subsection. 32 (3) The authority [may] shall develop and implement retirement 33 [plans] and group welfare benefits plans for the executive director and 34 unclassified employees described in subdivisions (1) and (2) of this 35 subsection. Such plans shall not be subject to supervision, oversight or 36 approval by the State Employees Retirement Commission under 37 chapter 66 or the Comptroller, Attorney General or Insurance 38 Commissioner under chapter 67, provided any such retirement plan 39 shall be considered a Connecticut retirement plan for purposes of 40 subsection (d) of section 5-160. The authority shall pay all costs, fees, 41 contributions and other expenses incurred as a result of any such 42 retirement plan or group welfare benefit. 43 This act shall take effect as follows and shall amend the following sections: Section 1 from passage 15-120mm(g) and (h) Raised Bill No. 1079 LCO No. 4687 3 of 3 Statement of Purpose: To allow certain employees of the Connecticut Airport Authority and require certain future employees of the authority to participate in retirement and benefit plans implemented by the authority. [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.]