2010 Legislation
Public Act No. 10-3, An Act Concerning Deficit Mitigation For The Fiscal Year Ending June 30, 2010
This act adjusted the fiscal year appropriation for retired teachers’ health services cost as a result of funds that were carried over from the prior year’s appropriation. Effective April 14, 2010
Public Act No. 10-22, An Act Making Clarifying Changes To The Teachers’ Retirement System Statutes
This act corrected obsolete language applicable to a deferred vested retirement allowance and the time frame that a board of education and/or a member must remit payment for service credit, when appropriate, purchased in connection with an early retirement incentive program. Effective May 5, 2010
Public Act No. 10-57, An Act Concerning Expenses for Health Benefits Plans Under the Teachers’ Retirement Fund
This act permits the Teachers’ Retirement Board to pay for professional consulting services related to the administration of the health benefits plans directly from the Health Insurance Premium Account up to a maximum of one hundred fifty thousand annually. Prior to the enactment of this provision, such services were paid from general fund appropriations. Made other technical statutory language changes to C.G.S. 10-183t dealing with health insurance benefits for retired teachers. Effective May 26, 2010
In addition, this act requires the Teachers’ Retirement Board to correct and adjust the retirement benefits of any member who was provided with an estimated retirement benefit on or after November 1, 2008 that was at least ten percent less than the actual retirement benefit to which the member is entitled to receive if the member could not reasonably have been expected to detect this error, that the member relied on this estimate, submitted (a) an irrevocable resignation to his or her employing board of education and (b) a formal application of retirement to the Teachers’ Retirement Board. Effective October 1, 2010
Public Act 10-111, An Act Concerning Education Reform In Connecticut
This act made technical changes applying to the reemployment of retired teachers and allows retired teachers who teach in subject shortage areas in any school district, as well as retired teachers teaching any subject in a priority school district to be exempt from the forty-five percent earnings limitation for one full school year, with a possible extension for a second year. Effective May 26, 2010