Senate Bill 1293 Summary

• Appropriates $3,000,000 annually from the state general fund for fiscal years 2019-2020 through 2042-2043 to supplement elected officials' retirement plan contributions.

• Requires the Department of Administration to distribute the appropriated funds equally among all counties with populations under 350,000 persons.

• Restricts county use of these funds exclusively to required employer contributions to the elected officials' retirement plan.

• Monies cannot be used to pay for increases in benefits otherwise payable to members.