124th MAINE LEGISLATURE
LD 1007 LR 1034(02)
An Act Pertaining to the Retirement of Certain Oil and Hazardous Material Specialists
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Labor
Fiscal Note Required: Yes
             
Fiscal Note
2009-10 2010-11 Projections 2011-12 Projections 2012-13
Net Cost (Savings)
General Fund $4,905 $6,541 $6,541 $6,541
Appropriations/Allocations
General Fund $4,905 $6,541 $6,541 $6,541
Federal Expenditures Fund $10,312 $13,749 $13,749 $13,749
Other Special Revenue Funds $17,669 $23,559 $23,559 $23,559
Fiscal Detail and Notes
Adding certain oil and hazardous materials emergency response workers within the Department of Environmental Protection to the 1998 Special Plan on a prospective basis only will increase the normal cost component of the employer retirement rate for these members from 5.75% of payroll to 6.50% of payroll.  This bill includes General Fund appropriations of $4,905 in fiscal year 2009-10 and $6,541 in fiscal year 2010-11, Federal Expenditures Fund allocations of $10,312 in fiscal year 2009-10 and $13,749 in fiscal year 2010-11 and Other Special Revenue Funds allocations of $17,669 in fiscal year 2009-10 and $23,559 in fiscal year 2010-11 to support those additional costs.