131st MAINE LEGISLATURE
LD 1760 LR 688(02)
An Act to Include Certain Crisis Outreach and Crisis Services Workers Under the 1998 Special Plan for Retirement
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor and Housing
Fiscal Note Required: Yes
             
Fiscal Note
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
General Fund $1,658,241 $84,084 $87,111 $90,247
Appropriations/Allocations
General Fund $1,658,241 $84,084 $87,111 $90,247
Fiscal Detail and Notes
This legislation adds persons employed in the Department of Health and Human Services (DHHS) on October 1, 2023, or hired thereafter, who provide crisis outreach and services to adults with developmental disabilities or intellectual disabilities in a community-based or residential setting, except for an institutional setting to the 1998 Special Plan and allows the service retirement benefits already earned by those employees under the State Employee and Teacher program to be calculated under the 1998 Special Plan.  This bill includes General Fund appropriations totaling $1,658,241 in fiscal year 2023-24 and $84,084 in fiscal year 2024-25 for the cost of this provision.
Of the total General Fund appropriations included in the bill, $1,597,012 is provided on a one-time basis in fiscal year 2023-24 to the Retirement Allowance Fund within the Maine Public Employees Retirement System for the increase in the unfunded actuarial liability created as a result of the retroactive provision in this bill.  Pursuant to the Constitution of Maine, Article IX, Section 18-A, unfunded liabilities may not be created except those that result from experience losses. General Fund appropriations of $61,229 and $84,084 in fiscal years 2023-24 and 2024-25, respectively, are provided to Crisis Outreach Program within DHHS for the increase in the employer's retirement contributions on a prospective basis.