History: 1965 act included provisions for survivors' benefits for widows of officials and employees; 1967 acts deleted
phrase concerning specific appropriations for pensions to persons not included in retirement system or their widows and
protected rights and benefits under system from diminishment or elimination as a result of any amendments to the system;
P.A. 05-202 divided section into Subsecs. (a) and (b) and added provisions re postemployment health and life benefit
systems.
Sec. 7-450a. Actuarial evaluation of municipal pension, retirement or other
postemployment health and life benefit systems. (a) Any municipality, in which a
pension, retirement, or other postemployment health and life benefit system applicable
with respect to any employees of such municipality has been established by ordinance
or under the authority of any public or special act, charter or special act charter, shall
have prepared, no less often than once every five years commencing July 1, 1977, an
actuarial evaluation of such system, including evaluation of accumulated or past service
liability and the annual liability related to benefits currently earned under such system.
Such evaluation shall be prepared by an actuary enrolled by the joint board for the
enrollment of actuaries established under Subtitle C of Title III of the federal act entitled
Employee Retirement Income Security Act of 1974, and such evaluation shall be prepared on the basis of such assumptions as to interest earnings, mortality experience,
employee turnover and any other factors affecting future liabilities under such system,
which in the judgment of such actuary represent the best estimate as to future experience
under such system.
(b) No ordinance or act altering the pension, retirement, or other postemployment
health and life benefit system shall be enacted until the legislative body, as defined in
subsection (3) of section 7-425, has requested and received a qualified cost estimate
from such enrolled actuary.
(c) Any municipality subject to the requirements in subsection (a) of this section
shall have prepared, within six months following the adoption of any amendment to
such system increasing benefits to any extent, in addition to such evaluations as required
under subsection (a), a revision of the last preceding evaluation reflecting the increase
in potential municipal liability under such system. If such amendment is adopted within
one year preceding a date on which an actuarial evaluation is required under subsection
(a) of this section, an additional evaluation shall not be required.
(d) Any actuarial evaluation prepared for a municipality in accordance with this
section shall be delivered to the chief fiscal officer of such municipality who shall file
a certified copy thereof with the town or city clerk for custody in the manner of other
public records. A summary of such evaluation, including a statement prepared by the
actuary as to the amount of annual payment that should be made for proper funding on
the basis of such evaluation with respect to benefits currently earned and the accumulated
or past service liability, shall be included in the first annual report of the municipality
next following completion of each such evaluation.
(P.A. 77-468, S. 1, 2; P.A. 05-202, S. 3.)
History: P.A. 05-202 added provisions re postemployment health and life benefit systems in Subsecs. (a) and (b) and
made a technical change in Subsec. (c).
PART III
GENERAL PROVISIONS
Sec. 7-465. Assumption of liability for damage caused by employees or members of local emergency planning districts. Joint liability of municipalities in district
department of health or regional planning agency.
Defendant's pleadings did meet standard for summary judgment. 87 CA 353. Court properly granted defendant's motion
for summary judgment on the ground of municipal immunity because plaintiffs brought suit under this section without
also suing a municipal employee or agent. Id.
Town's liability is dependent on and derivative of finding of negligence on the part of municipal employee. 49 CS 15.
Subsec. (a):
Except for indemnification actions, statute does not permit separate cause of action to be brought against a town, and
in this case, plaintiff could not prevail on grounds that town failed to give timely notice of intent to represent both the
municipality and employee. 85 CA 383.