AN ACT CONCERNING DISABILITY RETIREMENT FOR CORRECTION OFFICERS.

OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 ¯ (860) 240-0200

http: //www. cga. ct. gov/ofa

sHB-5798

AN ACT CONCERNING DISABILITY RETIREMENT FOR CORRECTION OFFICERS.

Agency Affected	Fund-Effect	FY 07 $	FY 08 $
State Comptroller - Fringe Benefits	State Employees Retirement Fund - Cost	Potential Significant	Potential Significant

Municipal Impact: None

Explanation

The bill expands eligibility for increased disability retirements to corrections officers disabled on or after 3/1/93. According to information provided by the State Comptroller, there have been 249 corrections officers with service connected disability retirements from March 1993 to 2005. The cost to the State Employees Retirement System (SERS) and the subsequent impact on the state's contribution to SERS is a function of the number of cases that are designated extraordinary circumstances and the associated pay grade increases used in the benefit calculations. The actual impact to SERS and the state's contribution must be calculated by the SERS actuary and is not available at this time.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.