LD 1719
pg. 2
Page 1 of 2 P & S Law Chapter 36 LD 1719 Title Page
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LR 3059
Item 1

 
Personal Services$7,560,252

 
All Other3,398,057

 
MAINE STATE RETIREMENT SYSTEM__________

 
TOTAL ALLOCATIONS$10,958,309

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

 
2006-07

 
MAINE STATE RETIREMENT SYSTEM

 
General Fund$7,421,590

 
Non-General Fund1,624,625

 
Participating Local District and Other1,912,094

 
MAINE STATE RETIREMENT SYSTEM__________

 
TOTAL ATTRIBUTIONS$10,958,309

 
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, which are effective until October 31, 2006.

 
Sec. 5. Technology replacement approval. Of the amount authorized to be
expended in section 1 of this Act, $200,000 is a new expenditure
request towards the cost of a complete line-of-business automated
system that includes within it replacing the current benefits
payroll technology, which will become unsupported and 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 and operating costs of the
retirement system, $400,000 of this amount must be provided from
the system's Administrative Expense Fund established in the Maine
Revised Statutes, Title 5, section 17301.

 
Emergency clause. In view of the emergency cited in the preamble,
this Act takes effect July 1, 2006.


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