Bill Text: CT SB00760 | 2015 | General Assembly | Introduced

---

Bill Title: An Act Requiring New State Employees To Participate In A Defined Contribution Retirement Plan.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2015-01-23 - Referred to Joint Committee on Labor and Public Employees [SB00760 Detail]

Download: Connecticut-2015-SB00760-Introduced.html

---

General Assembly		Proposed Bill No. 760
January Session, 2015		LCO No. 1724
		*01724*
Referred to Committee on LABOR AND PUBLIC EMPLOYEES
Introduced by:
SEN. KELLY, 21st Dist.

AN ACT REQUIRING NEW STATE EMPLOYEES TO PARTICIPATE IN A DEFINED CONTRIBUTION RETIREMENT PLAN.

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

That the general statutes be amended to require all employees who entered state service after June 1, 2011, to participate in a defined contribution retirement plan rather than the current defined benefit system.

Statement of Purpose:

To ease the financial burden on the state by switching new state employees to a defined contribution retirement plan rather than the current defined benefit retirement plan.