AN ACT LIMITING THE AMOUNT OF RETIREMENT INCOME FOR MEMBERS OF THE STATE EMPLOYEES RETIREMENT SYSTEM.

HB 5701 would limit annual retirement income for state employees in the State Employees Retirement System to $100,000 per year. It amends Chapter 66 of the general statutes to prohibit payments exceeding this cap, directly affecting current and future retirees in the system. The bill establishes a clear, fixed annual maximum for retirement benefits without additional eligibility requirements or exceptions. This policy change would apply to all members of the system under the current retirement structure.