Bill Text: CT HB05257 | 2013 | General Assembly | Introduced
Bill Title: An Act Concerning The Assumed Rate Of Return On The Fund Established For Payment Of Certain Post-employment Obligations To State Employees.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-01-14 - Referred to Joint Committee on Appropriations [HB05257 Detail]
Download: Connecticut-2013-HB05257-Introduced.html
General Assembly |
Proposed Bill No. 5257 |
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January Session, 2013 |
LCO No. 713 | ||||
Referred to Committee on APPROPRIATIONS |
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Introduced by: |
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REP. LAVIELLE, 143rd Dist. |
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AN ACT CONCERNING THE ASSUMED RATE OF RETURN ON THE FUND ESTABLISHED FOR PAYMENT OF CERTAIN POST-EMPLOYMENT OBLIGATIONS TO STATE EMPLOYEES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to reduce the assumed rate of return on the fund established for payment of certain post-employment obligations to state employees from 8.75 per cent to 8.25 per cent.
Statement of Purpose:
To reduce the rate of return calculated on the fund for the payment of certain post-employment obligations to state employees.