Connecticut Seal

General Assembly

 

Proposed Bill No. 578

 

January Session, 2017

 

LCO No. 2099

 

*02099*

Referred to Committee on APPROPRIATIONS

 

Introduced by:

 

SEN. HWANG, 28th Dist.

 

AN ACT INCREASING CONTRIBUTIONS BY STATE EMPLOYEES TO THE STATE EMPLOYEE RETIREMENT SYSTEM.

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

That the general statutes be amended to increase contributions made by state employees to the state employees retirement system from two per cent of salary to eight per cent of salary.

Statement of Purpose:

To reduce the unfunded pension liability of the state by increasing contributions made by state employee contributions to the state employees retirement system.