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2025 Connecticut General Statutes
Title 7 - Municipalities
Chapter 113 - Municipal Employees
Section 7-459e. - Retirement Commission-created defined contribution retirement plan.

Universal Citation:
CT Gen Stat § 7-459e. (2025)
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(a) Not later than July 1, 2026, the Connecticut Municipal Employees Retirement Commission shall create a defined contribution retirement plan to be known as the MERS defined contribution plan.

(b) (1) Each member of the municipal employees retirement system shall contribute one-fourth of one per cent of such member's pay to the MERS defined contribution plan.

(2) In addition to the contributions under subdivision (1) of this subsection, each member participating in MERS 2.0 shall contribute five per cent of such member's other pay to the MERS defined contribution plan, except that each member who is a public safety employee shall contribute eight per cent of such member's other pay to the MERS defined contribution plan.

(3) Payroll deductions for each member of the MERS defined contribution plan shall be made by the appropriate municipal employer.

(4) Each participating municipality shall contribute to the MERS defined contribution plan an amount equal to the contributions required under subdivision (2) of subsection (b) of this section from members participating in MERS 2.0 who are employees of such municipality.

(5) The Connecticut Municipal Employees Retirement Commission shall serve as the administrator of the MERS 2.0 defined contribution plan. Said commission may (A) make deposits or payments to such plan, subject to the terms of such plan, and (B) contract with a private corporation or private institution for the provision of consolidated billing services and other administrative services for such plan.

(6) As used in this section, “MERS 2.0”, “other pay” and “public safety employee” have the same meanings as provided in section 7-436i.

(P.A. 25-174, S. 184.)

History: P.A. 25-174 effective June 30, 2025.

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