ID H0263

Appropriates $8,796,900 to the Public Employee Retirement System of Idaho for fiscal year 2020 (July 1, 2019 through June 30, 2020), divided between Retirement Administration ($7,738,600) and Portfolio Investment ($1,058,300)

Retirement Administration funding includes $4,601,600 for personnel costs, $2,617,500 for operating expenditures, and $519,500 for capital outlay from the PERSI Administrative Fund and Judges' Retirement Fund

Portfolio Investment funding includes $815,500 for personnel costs, $224,800 for operating expenditures, and $18,000 for capital outlay from the PERSI Special Fund

Limits the Public Employee Retirement System of Idaho to no more than 69.00 full-time equivalent positions during the fiscal year, unless specifically authorized by the Governor with prompt notification to the Joint Finance-Appropriations Committee

Provides continuous appropriation authority for Portfolio Investment Program administrative costs and perpetually appropriates amounts necessary for other investment-related expenses to the Public Employee Retirement System Board