2004 Special Session I

Budget Amendments - SB5001 (Committee Approved)

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View Budget Item amendments

Pooled Retirement Costs in Central Accounts

Item 505 #12s

Item 505 #12s

First Year - FY2005 Second Year - FY2006
Central Appropriations
Central Appropriations FY2005 ($3,593,030) FY2006 ($2,254,819) GF

Page 370, line 50, strike "$12,058,693" and insert "$8,465,663".
Page 370, line 50, strike "$116,397,852" and insert "$114,143,033".
Page 376, strike lines 13 to 39.

(This amendment reverses the pooling of state employee and teacher retirement groups. A companion amendment to Item 145 captures the savings from use of the lower teacher retirement rate recommended by the Governor for teacher retirement.)