All contributions received from members and municipalities shall be paid over daily by the Retirement Commission to the State Treasurer, who shall be the custodian of the fund with power to invest and reinvest as much of said fund as is not required for current disbursement in accordance with the provisions of part I of chapter 32. All benefits, allowances and other payments authorized by this part shall be made from the fund upon vouchers approved by the Retirement Commission.
(1949 Rev., S. 900; 1969, P.A. 191, S. 2; P.A. 81-343, S. 4, 7.)
History: 1969 act allowed investments in trust funds; P.A. 81-343 substituted “Part I of Chapter 32” for previous language allowing investments in accordance with statutes governing savings banks or trust funds investments.
See Sec. 4-32 re state revenue accounting.
Structure Connecticut General Statutes
Chapter 113 - Municipal Employees
Section 7-407. - Method of adoption.
Section 7-408. - Civil service board; appointment; terms of office; removal.
Section 7-409. - Purpose of part. Rules.
Section 7-410. - Civil service board; president; chief examiner.
Section 7-411. - Classification of officers and employees.
Section 7-412. - Publication of rules.
Section 7-413. - Examination of applicants. Certification.
Section 7-414. - Classified service; eligible list; promotion.
Section 7-415. - Credit allowances to veterans in examinations for original appointment.
Section 7-416. - Appointments.
Section 7-417. - Probation; notice of appointment or of creation or abolition of office.
Section 7-418. - Inmates of institutions excepted.
Section 7-419. - Removal of officers or employees.
Section 7-420. - Interference with or false grading of applicants.
Section 7-421a. - Inconsistent statutory or charter provisions.
Section 7-421b. - Limitation on restrictions of political rights of municipal employees.
Section 7-422. - Personnel appeals board. Appeal to Superior Court.
Section 7-423. - Technical services by Department of Administrative Services.
Section 7-426. - Separate funds. Retirement rate.
Section 7-427. - Participation by municipalities.
Section 7-428. - Retirement on account of length of service and age.
Section 7-429. - Retirement of elective officers.
Section 7-430. - Involuntary retirement; temporary retention.
Section 7-431. - Separation from service before voluntary retirement age.
Section 7-433b. - Survivors' benefits for firemen and policemen. Maximum cumulative payment.
Section 7-433d. - Injury or death of fireman while engaged in fire duties with another company.
Section 7-434. - Continuity of service.
Section 7-434a. - Continuation of membership during service as elected official.
Section 7-435. - Retirement benefits for members of fund A.
Section 7-436b. - Credit for military service for members of fund B.
Section 7-439b. - Cost of living adjustment to retirement allowance.
Section 7-439c. - Discharge of liability for increases of retirement allowance.
Section 7-439d. - Cost of living adjustment not limited by subsection (a) of section 7-436.
Section 7-439e. - Actuarial study by retirement board to determine cost impact of increases.
Section 7-439f. - Study concerning restructuring of fund.
Section 7-439g. - Optional forms of retirement income. Preretirement death benefit.
Section 7-439h. - Erroneous payments; adjustment; waiver of repayment; regulations.
Section 7-440a. - Certain contributions by members treated as employer contributions.
Section 7-441a. - Contributions to remain at level in effect on June 30, 1980.
Section 7-442. - Transfer from fund A to fund B.
Section 7-442a. - Transfer of retirement credit between municipalities.
Section 7-442c. - Credit for prior service with redevelopment agency.
Section 7-442e. - Credit for prior service with Connecticut Housing Authority.
Section 7-443. - Initial rates of contribution by municipality.
Section 7-444. - Withdrawal by a municipality.
Section 7-445. - Liability of municipality.
Section 7-446. - Assignments prohibited.
Section 7-447. - Custody and investment of funds.
Section 7-449. - Effect of amendment or repeal of part.
Section 7-450b. - Cost of living allowance.
Section 7-451. - Retroactive coverage.
Section 7-452. - Participation in federal Old Age and Survivors Insurance System: Definitions.
Section 7-453. - Membership in system. Contributions.
Section 7-454. - Employees not included.
Section 7-456. - Deductions from wages.
Section 7-457. - Agreement between commission and municipality.
Section 7-458. - Refund of amounts recovered from federal government.
Section 7-459. - Retroactivity.
Section 7-459a. - Survivors' benefits authorized.
Section 7-459b. - Deferred retirement option plan. Adoption.
Section 7-460. - Compensation of officials and employees.
Section 7-460a. - Sick leave pay exclusion from Social Security contributions.
Section 7-460b. - Residency requirements.
Section 7-460c. - Compensatory time in lieu of overtime pay.
Section 7-460d. - Additional compensation for certain retired public safety employees.
Section 7-461. - Leave of absence for reserve corps field training.
Section 7-461a. - Leave of absence for specialized disaster relief services.
Section 7-462. - Reinstatement of employees after military leave.
Section 7-463. - Interest of state in employees' bonds.
Section 7-466. - Collective bargaining authorized.
Section 7-467. - Collective bargaining. Definitions.
Section 7-467a. - Qualification of employee organization.
Section 7-468. - Rights of employees and representatives. Duty of fair representation.
Section 7-469. - Duty to bargain collectively.
Section 7-470. - Prohibited acts of employers and employee organizations.
Section 7-471. - Powers of State Board of Labor Relations.
Section 7-471a. - Supervisory employees not required to form employees association.
Section 7-472. - Mediation by State Board of Mediation and Arbitration.
Section 7-473b. - Mandatory timetable for negotiations. Appointment of mediator.
Section 7-475. - Strikes prohibited.
Section 7-476. - Existing bargaining unit not altered during term of agreement.
Section 7-477. - Payroll deductions of union dues authorized.
Section 7-478d. - Duties of State Board of Mediation and Arbitration if no resolution.
Section 7-478f. - Rejection of award by legislative body. Second arbitration format.