Connecticut Seal

General Assembly

File No. 309

    January Session, 2009

Substitute Senate Bill No. 1068

Senate, March 30, 2009

The Committee on Commerce reported through SEN. LEBEAU of the 3rd Dist., Chairperson of the Committee on the part of the Senate, that the substitute bill ought to pass.

This act shall take effect as follows and shall amend the following sections:

Section 1

from passage

New section

CE

Joint Favorable Subst.

 

Agency Affected

Fund-Effect

FY 10 $

FY 11 $

Department of Economic & Community Development

GF - See Below

70,000-80,000

70,000-75,000

Comptroller Misc. Accounts (Fringe Benefits)1

GF - See Below

17,216

17,216

Yea

20

Nay

0

(03/12/2009)

TOP

1 The fringe benefit costs for state employees are budgeted centrally in the Miscellaneous Accounts administered by the Comptroller on an actual cost basis. The following is provided for estimated costs associated with additional personnel. The estimated non-pension fringe benefit rate as a percentage of payroll is 25.43%. Fringe benefit costs for new positions do not initially include pension costs as the state's pension contribution is based upon the 6/30/08 actuarial valuation for the State Employees Retirement System (SERS) which certifies the contribution for FY 10 and FY 11. Therefore, new positions will not impact the state's pension contribution until FY 12 after the next scheduled certification on 6/30/2010.