Connecticut Seal

General Assembly

File No. 58

    January Session, 2011

Substitute Senate Bill No. 361

Senate, March 14, 2011

The Committee on Labor and Public Employees reported through SEN. PRAGUE of the 19th Dist., Chairperson of the Committee on the part of the Senate, that the substitute bill ought to pass.

This act shall take effect as follows and shall amend the following sections:

Section 1

October 1, 2011

New section

LAB

Joint Favorable Subst.

 

Agency Affected

Fund-Effect

FY 12 $

FY 13 $

Labor Dept.

GF - Cost

84,860

86,557

Labor Dept.

GF - Revenue Gain

Potential Minimal

Potential Minimal

State Comptroller - Fringe Benefits1

GF - Cost

20,162

20,565

Yea

7

Nay

4

(03/01/2011)

TOP

1 The fringe benefit costs for state employees are budgeted centrally in the Miscellaneous Accounts administered by the Comptroller on an actual cost basis. The following is provided for estimated costs associated with changes in personnel. The estimated non-pension fringe benefit rate as a percentage of payroll is 23.76%. Fringe benefit costs for new positions do not initially include pension costs as the state's pension contribution is based upon the 6/30/10 actuarial valuation for the State Employees Retirement System (SERS) which certifies the contribution for FY 12 and FY 13. Therefore, new positions will not impact the state's pension contribution until FY 14 after the next scheduled certification on 6/30/2012.