| 122nd MAINE LEGISLATURE | |||||||||
| LD 1223 | LR 1439(01) | ||||||||
| Resolve, Directing the Maine State Retirement System To Support the Federal Public Servant Retirement Protection Act | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Rep. Bishop of Boothbay | |||||||||
| Committee: Labor | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Potential current biennium cost increase - All Funds | |||||||||
| Fiscal Detail and Notes | |||||||||
| The Maine State Retirement System may require an increase to the System's operating budget for fiscal year 2005-06 to work with the United States Social Security Administration to eliminate the government pension offset and the windfall elimination offset. The cost to the Retirement System can not be determined at this time and will depend on the amount of time and resources that will need to be dedicated to fulfill the requirements of this legislation. | |||||||||