The proposed legislation, General Assembly Raised Bill No. 6844, aims to protect the rights and benefits of retirees under municipal or special taxing district pension systems. Specifically, it prohibits these entities from diminishing or eliminating any rights or benefits granted to retirees due to the receipt of permanent partial disability benefits, effective October 1, 2025. The bill clarifies that while municipalities can change the administration of retirement benefits, the rights and benefits provided to retirees must remain at least equivalent to those prior to any administrative changes.

Additionally, the bill ensures that the provisions do not interfere with existing collective bargaining agreements that were in effect before the specified date. The current law, Section 7-450c, is being repealed and replaced with this new language to reinforce the protection of retirees' benefits in light of permanent partial disability benefits received after October 1, 2025.

Statutes affected:
Raised Bill: 7-450c