Connecticut Seal

General Assembly

Amendment

 

January Session, 2013

LCO No. 8285

   
 

*SB0005408285SRO*

Offered by:

 

SEN. MCKINNEY, 28th Dist.

 

To: Subst. Senate Bill No. 54

File No. 309

Cal. No. 234

(As Amended by Senate Amendment Schedule "A")

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

Strike subdivision (1) of subsection (a) of section 8 in its entirety and insert in lieu thereof:

"(1) Establish and maintain a secure Internet web site to (A) provide qualified employers with information about the public retirement plan, employer–sponsored retirement plans, and payroll deduction individual retirement accounts, including the annual rate of return for such plans and accounts, and (B) assist qualified employers in identifying vendors of retirement arrangements that may be set up by the qualified employers in lieu of participation in the plan; "