Bill Text: CT HB06509 | 2017 | General Assembly | Introduced


Bill Title: An Act Concerning Defined Contribution Retirement Plans For Newly Hired State Employees.

Spectrum: Partisan Bill (Republican 5-0)

Status: (Introduced) 2017-03-17 - Public Hearing 03/24 [HB06509 Detail]

Download: Connecticut-2017-HB06509-Introduced.html

General Assembly

 

Proposed Bill No. 6509

 

January Session, 2017

 

LCO No. 1957

 

*01957*

Referred to Committee on APPROPRIATIONS

 

Introduced by:

 

REP. KLARIDES, 114th Dist.

REP. CANDELORA, 86th Dist.

REP. HOYDICK, 120th Dist.

REP. O'DEA, 125th Dist.

REP. O'NEILL, 69th Dist.

 

AN ACT CONCERNING DEFINED CONTRIBUTION RETIREMENT PLANS FOR NEWLY HIRED STATE EMPLOYEES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to require all state employees and officials hired on and after the effective date of this act to participate in defined contribution retirement plans rather than the current defined benefit system.

Statement of Purpose:

To create a defined contribution pension plan for new state employees.

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