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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 791 |
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An
Act To Fully Fund Retirement Benefits for Game Wardens and Marine Patrol
Officers |
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LR 1669(01) |
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Fiscal Note for Original Bill |
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Sponsor: Sen. Daggett of Kennebec |
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Committee:
Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2003-04 |
2004-05 |
2005-06 |
2006-07 |
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Net Cost
(Savings) |
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General Fund |
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$4,000,000 |
$0 |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
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$4,000,000 |
$0 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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Based on
July 1, 2000 data , the cost for the inclusion of past service between August
31, 1984 and September 1, 2000 in the special retirement plan was
$3,845,582. The actual amount needed
to fully fund the special plan can not be determined at this time and will
require the Maine State Retirement System to have its actuary determine the
amount. |
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