ND SB2022

Appropriates $11,009,844 in special funds to retirement and investment agencies for the biennium July 1, 2011 through June 30, 2013, with $4,232,954 to Retirement and Investment Office and $6,776,890 to Public Employees Retirement System.

Authorizes Retirement and Investment Office and Public Employees Retirement System to transfer funds between contingencies and other line items with approval of respective boards and notification to office of management and budget.

Increases per day compensation for board members from $62.50 to $148.50 for Teachers' Fund for Retirement board, State Investment Board, and Retirement Board members.

Exempts PERSLINK system appropriations from carryover restrictions, allowing unexpended funds to remain available through June 30, 2013 for system completion.

Transfers any remaining balance in the oasis retirement fund to the general fund by June 30, 2011, designated as an emergency measure.