The proposed bill, General Assembly Proposed Bill No. 27, seeks to amend chapter 66 of the general statutes to impose limits on state employee retirement benefits. Specifically, the bill stipulates that a state employee's annual retirement benefit will be capped at the employee's base pay. Additionally, it mandates that retirement benefits must be calculated solely based on the employee's base pay.

The intent of this legislation is to prevent state retirees from receiving pensions that exceed their annual base salary, thereby ensuring that retirement benefits remain aligned with the employee's earnings during their active employment. This change aims to promote fiscal responsibility and sustainability within the state's retirement system.