Connecticut Seal

General Assembly

 

Proposed Bill No. 54

 

January Session, 2013

 

LCO No. 226

   

Referred to Committee on LABOR AND PUBLIC EMPLOYEES

 

Introduced by:

 

SEN. LOONEY, 11th Dist.

 

AN ACT ESTABLISHING A RETIREMENT SAVINGS PLAN FOR LOW-INCOME PRIVATE SECTOR WORKERS.

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

That the general statutes be amended to create a defined benefit plan for low-income private sector workers who do not currently have access to an employer-sponsored retirement plan allowing such workers to contribute a certain percentage of their annual salary to a state-administered retirement savings trust.

Statement of Purpose:

To create a retirement plan for low-income workers.