The proposed bill, Substitute Bill No. 1510, introduces several revisions to the education statutes, primarily focusing on retirement benefits for educators and the allocation of grant funds. Notably, it modifies the calculation of normal retirement benefits, increasing the percentage from two percent to two and two-tenths percent for educators in alliance districts. Additionally, it stipulates that early retirement benefits will not be actuarially reduced for the first six months of early retirement for members retiring from alliance districts. The bill also revises the responsibilities of the Department of Education regarding grant programs, allowing for a portion of the appropriated funds to be used for supporting grant recipients and ensuring alignment with state academic standards.

Furthermore, the bill establishes the Connecticut School Reform Resource Center, which will focus on improving public school performance through professional development and effective practices. It also mandates that a certain percentage of grant funds be allocated to smaller municipalities and local education boards, ensuring equitable distribution of resources. The bill repeals and substitutes various sections of the current statutes to implement these changes, with an effective date of July 1, 2025.

Statutes affected:
Raised Bill: 10-357e
ED Joint Favorable Substitute Change of Reference: 10-357e