# Connecticut SB 00620: AN ACT MAKING THE CONNECTICUT RETIREMENT SECURITY PROGRAM AN OPT-IN PROGRAM, ESTABLISHING THE DEFAULT CONTRIBUTION RATE AS ZERO, REQUIRING THE COMPTROLLER TO BE A LICENSED SECURITY BROKER AND PROHIBITING THE COMPTROLLER FROM SCREENING OR CHOOSING INVESTMENT VEHICLES BASED ON ANY CRITERIA OTHER THAN THE NET RETURNS TO PARTICIPANTS.

Connecticut SB 00620, AN ACT MAKING THE CONNECTICUT RETIREMENT SECURITY PROGRAM AN OPT-IN PROGRAM, ESTABLISHING THE DEFAULT CONTRIBUTION RATE AS ZERO, REQUIRING THE COMPTROLLER TO BE A LICENSED SECURITY BROKER AND PROHIBITING THE COMPTROLLER FROM SCREENING OR CHOOSING INVESTMENT VEHICLES BASED ON ANY CRITERIA OTHER THAN THE NET RETURNS TO PARTICIPANTS., is a 2025 Regular Session Senate bill sponsored by Rob Sampson (Republican); status failed, last action 2025-01-15 (Referred to Joint Committee on Labor and Public Employees) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/CT-SB00620-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Connecticut SB 00620
- State: Connecticut
- Session: 2025 Regular Session
- Title: AN ACT MAKING THE CONNECTICUT RETIREMENT SECURITY PROGRAM AN OPT-IN PROGRAM, ESTABLISHING THE DEFAULT CONTRIBUTION RATE AS ZERO, REQUIRING THE COMPTROLLER TO BE A LICENSED SECURITY BROKER AND PROHIBITING THE COMPTROLLER FROM SCREENING OR CHOOSING INVESTMENT VEHICLES BASED ON ANY CRITERIA OTHER THAN THE NET RETURNS TO PARTICIPANTS.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-15
- Last action: 2025-01-15, Referred to Joint Committee on Labor and Public Employees
- Sponsor: Rob Sampson (Republican)
- Cosponsors: 0
- Subjects: labor and public employees
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

To make various changes to the Connecticut Retirement Security Program.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Rob Sampson (Republican), Senate

## Actions (1)

- 2025-01-15: Referred to Joint Committee on Labor and Public Employees (legislature)

## Bill text

- Proposed Bill, 2025-01-15: [PDF](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-00620-R00-SB.PDF)

## Related bills

- HB 05013: AN ACT ADDING CERTAIN PLANTS TO THE INVASIVE PLANTS LIST. (signed)
- SB 01558: AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF THE STATE. (signed)
- SB 01396: AN ACT CONCERNING EARNED BUT UNPAID WAGE OR SALARY INCOME ADVANCES. (signed)
- SB 01187: AN ACT CONCERNING FORECLOSURE, ASSIGNMENT AND OTHER ENFORCEMENT ACTIONS FOR UNPAID SEWER ASSESSMENTS AND OTHER FEES AND CHARGES. (signed)
- HB 07236: AN ACT CONCERNING HUMAN TRAFFICKING AND SEXUAL ASSAULT VICTIMS. (signed)
- HB 07192: AN ACT IMPLEMENTING RECOMMENDATIONS OF THE BIPARTISAN DRUG TASK FORCE. (signed)

## Sources
- [Proposed Bill (PDF)](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-00620-R00-SB.PDF)

## Related
- [HB 05013: AN ACT ADDING CERTAIN PLANTS TO THE INVASIVE PLANTS LIST.](https://policyrisk.com/state-bill/CT-HB05013-2025)
- [SB 01558: AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF T…](https://policyrisk.com/state-bill/CT-SB01558-2025)
- [SB 01396: AN ACT CONCERNING EARNED BUT UNPAID WAGE OR SALARY INCOME ADVANCES.](https://policyrisk.com/state-bill/CT-SB01396-2025)
- [SB 01187: AN ACT CONCERNING FORECLOSURE, ASSIGNMENT AND OTHER ENFORCEMENT ACTIONS FOR UNP…](https://policyrisk.com/state-bill/CT-SB01187-2025)
- [HB 07236: AN ACT CONCERNING HUMAN TRAFFICKING AND SEXUAL ASSAULT VICTIMS.](https://policyrisk.com/state-bill/CT-HB07236-2025)
- [HB 07192: AN ACT IMPLEMENTING RECOMMENDATIONS OF THE BIPARTISAN DRUG TASK FORCE.](https://policyrisk.com/state-bill/CT-HB07192-2025)
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Source: PRIA, https://policyrisk.com/state-bill/CT-SB00620-2025 (as of 2026-10-17).