Paul Cicarella, Jr. voted Nay (Passage) on this Legislation.
Title: Increases the Retirement Contribution Rate for State Employees from 3 to 5%
Vote to pass a bill that increases the contribution rate from 3 to 5% and reduces the number of days an employee has to work to qualify for the program from 120 to 30 in Connecticut.
Amends the Connecticut Retirement Savings Program by raising the contribution rate from 3-5% (Sec. 1-10).
Reduces the number of days an employee has to work to qualify for the program from 120 to 30 (Sec. 1-10).
Amends previous retirement policies to add personal care assistants to the group of employees covered by the retirement program (Sec. 1-10).
Specifies that the provisions of this bill shall become effective immediately upon passage and approval by the governor (Sec. 10).
Title: Increases the Retirement Contribution Rate for State Employees from 3 to 5%