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2011 Session

Budget Amendments - HB1500 (Conference Report)

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Maintain Local Retirement Reimbursement Rate (language only)

Item 67.90 #2c

Item 67.90 #2c

Administration
Compensation Board

Language
Page 56, after line 15, insert:
"4. The second year retirement benefits rate reimbursed by the Compensation Board to localities and regional jails shall not exceed the rate identified for fiscal year 2011 in Item 469, paragraph I.1. of this act."


Explanation
(This amendment adds language to maintain current reimbursement rates for constitutional officer and staff retirement costs.)