TOTAL ALLOCATIONS $10,457,865

Sec. 2. Attribution of costs. The expenses identified in section 1 are attributed as follows.

2005-06

MAINE STATE RETIREMENT SYSTEM

General Fund $7,082,660

Non-General Fund 1,550,432

Participating Local District and Other 1,824,773

MAINE STATE RETIREMENT SYSTEM __________

TOTAL ATTRIBUTIONS $10,457,865

Sec. 3. Transfers of allocations; year-end balances. Transfers of allocations and carry-forwards of unexpended balances must be carried out in accordance with the Maine Revised Statutes, Title 5, section 17103, subsection 13.

Sec. 4. Collective bargaining agreements approval. The allocations made in section 1 of this Act and the attributions made in section 2 of this Act include the amounts required to fund the collective bargaining agreements approved in Private and Special Law 2003, chapter 34.

Sec. 5. Technology replacement approval. Of the amount authorized to be expended in section 1 of this Act, $200,000 is the initial expenditure request towards the cost of replacing the benefits payroll technology currently used by the Maine State Retirement System. This technology will become obsolete on December 31, 2006.

Sec. 6. Authorization to expend retirement system reserve administrative operating funds. Of the amount authorized to be expended in section 1 of this Act for the administrative costs of the retirement system, $400,000 must be provided from the system's reserve administrative operating funds.

Emergency clause. In view of the emergency cited in the preamble, this Act takes effect July 1, 2005.