Connecticut Seal

General Assembly

Amendment

 

January Session, 2013

LCO No. 8576

   
 

*HB0670408576HRO*

Offered by:

 

REP. CAFERO, 142nd Dist.

REP. CANDELORA, 86th Dist.

REP. KLARIDES, 114th Dist.

 

To: House Bill No. 6704

File No.

Cal. No. 678

"AN ACT CONCERNING EXPENDITURES AND REVENUE FOR THE BIENNIUM ENDING JUNE 30, 2015. "

After the last section, add the following and renumber sections and internal references accordingly:

"Sec. 501. (NEW) (Effective from passage) (a) Notwithstanding any provision of chapter 66 or section 5-278 of the general statutes, each state employee, as defined in section 5-154 of the general statutes, hired on or after June 30, 2013, shall participate in the existing state of Connecticut employee defined contribution plan, in lieu of any defined benefit retirement program established pursuant to chapter 66 of the general statutes.

(b) The State Comptroller, at said Comptroller's discretion, shall establish a contribution schedule for the existing state of Connecticut employee defined contribution plan referenced in subsection (a) of this section. The contribution schedule shall include: (1) A mandatory initial contribution from the state to each new employee's plan, based on a percentage, as determined by said Comptroller, of the new employee's salary, (2) a matching contribution from the state of voluntary employee contributions to the plan, not to exceed a specified percentage of the new employee's salary, as determined by said Comptroller, and (3) a provision allowing the new employee to contribute additional, unmatched amounts to the plan, not to exceed a specified percentage of the new employee's salary, as determined by said Comptroller.

(c) The State Comptroller shall establish a voluntary process for state employees hired prior to June 30, 2013, to convert from a defined benefit retirement program established pursuant to chapter 66 of the general statutes to the state of Connecticut employee defined contribution plan referenced in subsection (a) of this section.

(d) The state of Connecticut employee defined contribution plan referred to in subsection (a) of this section shall reduce state retirement plan costs for employees hired on or after June 30, 2013, by at least twenty-five per cent, as compared to costs for defined benefit retirement programs for state employees hired prior to said date.

(e) The State Comptroller may enter into any contracts and agreements as may be necessary to carry out the provisions of this section.

Sec. 502. (NEW) (Effective from passage) (a) Notwithstanding any provision of the general statutes, the State Comptroller shall establish health care savings accounts and high-deductible health insurance plans as healthcare benefits for newly hired state employees. Each state employee, as defined in section 5-154 of the general statutes, hired on or after June 30, 2013, shall participate in such accounts and plans, in lieu of any healthcare benefit plan currently established for state employees hired prior to said date.

(b) The State Comptroller, at said Comptroller's discretion, shall determine the following for health care savings accounts and high-deductible health insurance plans established pursuant to subsection (a) of this section: (1) The amount of contribution from the state to each new employee's health care savings account, (2) the deductible, copayment and insurance premium payment amounts for each new employee's high-deductible health insurance plan, and (3) any other details necessary to implement such accounts and plans.

(c) The State Comptroller shall establish a voluntary process for state employees hired prior to June 30, 2013, to convert from healthcare benefit plans they are currently participating in to health care savings accounts and high-deductible health insurance plans established pursuant to subsection (a) of this section.

(d) The health care savings accounts and high-deductible health insurance plans for new employees established pursuant to subsection (a) of this section shall reduce state healthcare benefit plan costs for state employees hired on or after June 30, 2013, by at least twenty-five per cent, as compared to such costs for state employees hired prior to said date.

(e) The State Comptroller may enter into any contracts and agreements as may be necessary to carry out the provisions of this section. "

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

Sec. 501

from passage

New section

Sec. 502

from passage

New section