Bill > SB00027

This bill proposes to amend Chapter 66 of the general statutes to place a cap on state employee retirement benefits, specifically limiting the annual pension an employee can receive to no more than their base pay. Currently, state employees might be able to collect retirement benefits that exceed their base salary, but this legislation would change that by mandating that pension calculations can only be based on the employee's base pay. By requiring retirement benefits to be calculated solely on base pay, the bill aims to control government pension expenses and ensure that retirees do not receive retirement income that is higher than their salary during active employment. The bill is designed to create more fiscal predictability and potentially reduce long-term pension obligations for the state government.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00027&which_year=2025