Substitute for Raised H.B. No. 7276
Session Year 2025


AN ACT CONCERNING THE MUNICIPAL EMPLOYEES RETIREMENT SYSTEM AND GROUP LIFE INSURANCE FOR RETIRED STATE EMPLOYEES.

To (1) establish a new municipal employees retirement plan tier and an alternative cash balance option, (2) require the Connecticut Municipal Employees Retirement Commission to create a defined contribution retirement plan, and (3) specify member contributions for such defined contribution retirement plan.


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