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ID S1364
Bill
Status
3/28/2018
Primary Sponsor
Finance Committee
Click for details
AI Summary
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Appropriates $8,111,700 to the Public Employee Retirement System of Idaho for the period July 1, 2018, through June 30, 2019, divided between Retirement Administration ($7,218,300) and Portfolio Investment ($893,400).
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Allocates funds from the PERSI Administrative Fund ($7,155,800), Judges' Retirement Fund ($62,500), and PERSI Special Fund ($893,400) for personnel costs, operating expenditures, and capital outlay.
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Limits the Public Employee Retirement System of Idaho to no more than 68.00 full-time equivalent positions during the fiscal year, unless specifically authorized by the Governor with notification to the Joint Finance-Appropriations Committee.
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Establishes continuous appropriation authority for investment expenses related to the Portfolio Investment Program beyond the administrative costs appropriated in this act.
Legislative Description
Appropriates $8,111,700 to the Public Employee Retirement System of Idaho for fiscal year 2019; limits the number of authorized full-time equivalent positions to 68.00; and provides continuous appropriation authority.
APPROPRIATIONS
Last Action
Session Law Chapter 343 Effective: 07/01/2018
3/28/2018