Bill Text: CT HB05068 | 2018 | General Assembly | Introduced
Bill Title: An Act Reducing The Cost Of Labor To State Government.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Introduced - Dead) 2018-02-14 - Referred to Joint Committee on Appropriations [HB05068 Detail]
Download: Connecticut-2018-HB05068-Introduced.html
General Assembly |
Proposed Bill No. 5068 |
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February Session, 2018 |
LCO No. 784 | ||||
*00784* | |||||
Referred to Committee on APPROPRIATIONS |
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Introduced by: |
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REP. KLARIDES, 114th Dist. REP. CANDELORA, 86th Dist. REP. O'DEA, 125th Dist. REP. O'NEILL, 69th Dist. |
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AN ACT REDUCING THE COST OF LABOR TO STATE GOVERNMENT.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to provide that, notwithstanding any provision of the general statutes:
(1) Effective upon passage for all nonunion and newly hired state employees, and effective on and after July 1, 2027, for all unionized state employees: (A) Pension payments shall be computed without a breakpoint; (B) the employee contribution for all plans under the state employees retirement system shall be seven per cent of salary; (C) for nonhazardous duty employees, pension payments shall be computed without overtime and for hazardous duty employees, pension payment calculations may include fifty per cent of overtime;
(2) Effective upon passage of this act, for all current and future retirees, no retiree shall receive a cost-of-living allowance until the funded ratio of the state employees retirement system reaches eighty per cent;
(3) Effective on and after July 1, 2021, and until June 30, 2024, the wages of all union and nonunion state employees shall not be increased;
(4) Effective upon passage of this act, no newly hired state employee shall be entitled to state retiree health care coverage;
(5) On or before June 1, 2018, the State Comptroller shall provide an actuarial analysis of the savings achieved by the implementation of the changes to the state employees retirement system specified in subdivisions (1) to (4), inclusive, of this act and a revaluation of pension costs pursuant thereto;
(6) Effective upon passage of this act, the terms "hazardous duty employee" and "nonunion employee" shall be clarified to prevent reclassification; and
(7) Effective upon passage of this act: (A) An amount equal to one-third of the Budget Reserve Fund balance as of the effective date of this act, plus any additional amount that is deposited into said fund during the current fiscal year, shall be paid into the state employee retirement system as a one-time additional payment; and (B) an amount equal to one-third of the Budget Reserve Fund balance as of the effective date of this act, plus any additional amount that is deposited into said fund during the current fiscal year, shall be paid into the teachers' retirement system as a one-time additional payment.
Statement of Purpose:
To address the state budget crisis by reducing the cost of labor to state government.