Conn. Gen. Stat. § 10-183r
This is the official text of Conn. Gen. Stat. § 10-183r, part of Connecticut’s Gen. Stat — part of the compiled statutory law of Connecticut, published by the state as "Gen. Stat." Browse the sections below, each linked to its official government source.
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Sec. 10-183r. Funding of system. Payment of administration expenses, benefit costs and professional fees for administration of health benefit plans.
Official statutory text
(1) Except as provided in subdivision (3) of this section, all expenses of the administration of the system, exclusive of payment of benefits, shall be paid for out of amounts appropriated by the General Assembly on certifications and recommendations submitted by the board.
(2) The cost of all benefits payable from the system shall be paid out of the retirement fund which shall consist of contributions paid by members, appropriations by the General Assembly based upon certifications and recommendations submitted by the board, the proceeds of bonds held by the system under section 10-183m , the proceeds of bonds issued pursuant to section 10-183qq and earnings of the system.
(3) Professional fees associated with the administration of the health benefit plans offered pursuant to section 10-183t may be paid for out of the retired teachers' health insurance premium account established pursuant to said section 10-183t .
Basis for ascertainment of payments into annuity fund is amount teacher is entitled to receive from employer. 116 C. 505.
(2) The cost of all benefits payable from the system shall be paid out of the retirement fund which shall consist of contributions paid by members, appropriations by the General Assembly based upon certifications and recommendations submitted by the board, the proceeds of bonds held by the system under section 10-183m , the proceeds of bonds issued pursuant to section 10-183qq and earnings of the system.
(3) Professional fees associated with the administration of the health benefit plans offered pursuant to section 10-183t may be paid for out of the retired teachers' health insurance premium account established pursuant to said section 10-183t .
Basis for ascertainment of payments into annuity fund is amount teacher is entitled to receive from employer. 116 C. 505.
Status: in_force · Read it on the official government site
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