An Act To Fund the Purchase of Maine State Retirement System Time by Certain Veterans
Sec. 1. Appropriations and allocations. The following appropriations and allocations are made.
RETIREMENT SYSTEM, (BOARD OF TRUSTEES OF THE) MAINE STATE
Retirement System - Retirement Allowance Fund 0085
Initiative: Appropriates funds to allow for 3 members per year who the Maine State Retirement System has determined are qualified to purchase military service credit at a subsidized rate pursuant to Public Law 2003, chapter 693.
GENERAL FUND | 2007-08 | 2008-09 |
All Other
|
$88,202 | $127,138 |
GENERAL FUND TOTAL | $88,202 | $127,138 |
summary
This bill makes General Fund appropriations of $88,202 in fiscal year 2007-08 and $127,138 in fiscal year 2008-09 to the Maine State Retirement System to allow for 3 members per year who the Maine State Retirement System has determined are qualified to purchase military service credit at a subsidized rate pursuant to Public Law 2003, chapter 693.