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128th MAINE LEGISLATURE |
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LD 1653 |
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LR 2636(03) |
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An Act To Amend
the Laws Governing Retirement Benefits for Capitol Police Officers |
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Fiscal Note for
Bill as Engrossed with:
C "A" (S-366) |
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Committee: Appropriations and Financial Affairs |
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| Fiscal Note |
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FY 2017-18 |
FY 2018-19 |
Projections FY 2019-20 |
Projections FY 2020-21 |
| Net Cost
(Savings) |
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General Fund |
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$0 |
$40,610 |
$0 |
$0 |
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| Appropriations/Allocations |
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General Fund |
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$0 |
$40,610 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill includes
a one-time General Fund appropriation of $40,610 in fiscal year 2018-19 to
the Retirement System - Retirement Allowance Fund for the cost associated
with allowing the service retirement benefits of one Capitol Police officer
earned under the regular state employee and teacher plan to be calculated
under the 1998 Special Plan. The cost
of this provision is estimated based on the payment being made to the
MainePERS by September 30, 2018. |
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