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House passes expansion of MyCT Savings to include personal care assistants after hours of debate
Summary
The House approved a substitute for Senate Bill 1221 to add personal care assistants to the myCT savings automatic‑enrollment retirement program while keeping an opt‑out and requiring a fiscal intermediary to administer enrollment and penalties. Lawmakers debated IRS risks, fiduciary roles and program returns before passage.
HARTFORD — The House on May 28 passed a substitute for Senate Bill 1221 to expand the myCT savings automatic‑enrollment retirement program to include personal care assistants (PCAs), sending the measure back to the Senate in concurrence.
Representative Jason Sanchez, the bill's proponent, told the chamber the measure "makes various changes to the Connecticut retirement security program" including adding PCAs effective July 1, 2026 and adjusting default contribution rules to align with federal law. He described myCT savings as an automatic, state‑run program that applies to employers with five or more employees and allows workers to opt out.
Opponents…
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