| 123rd MAINE LEGISLATURE | ||||||
| LD 1436 | LR 1422(01) | |||||
| Resolve, To Reduce the Level of Unfunded Liability for Health Benefits Owed to Retired State Employees | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Sen. Mills, P. of Somerset | ||||||
| Committee: Labor | ||||||
| Fiscal Note Required: No | ||||||
| Fiscal Note | ||||||
| Minor cost increase - General Fund Minor cost increase - Other Funds |
||||||
| Fiscal Detail and Notes | ||||||
| Additional costs to the Maine State Retirement System and the Department of Administrative and Financial Services to conduct the required review and develop the required proposal can be absorbed utilizing existing budgeted resources. However, if there is a need for actuarial work to be done as part of the review there will be a cost to the System for those actuarial services. The amount can not be determined at this time and will depend on the extent of the actuarial services needed. | ||||||