Favorable Vote for Connecticut Pension De-Risking Bill

In January of 2017, ProtectSeniors.org  worked with Senator Carlo Leone to introduce a new bill providing expanded protections for retirees affected by pension de-risking transfers.  In January, 2017 Senator Leone introduced Proposed Bill 493 and a public hearing was held on February 16^th. The Joint Committee on Insurance and Real Estate voted 16-5 in favor of Proposed Bill 493 and on March 10, 2017 the bill was filed with the Legislative Commissioner’s Office – the next stop will be the Senate floor.