123rd MAINE LEGISLATURE
		LD 661		LR 2019(01)
	An Act To Maintain Retirement Health Benefits for State Retirees
	Fiscal Note for Original Bill
	Sponsor: Rep. Tuttle of Sanford
	Committee: Labor
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$2,256,700	$2,379,300	$2,517,300	$2,663,300
	Highway Fund		$815,200	$859,500	$909,400	$962,100
Appropriations/Allocations
	General Fund		$2,256,700	$2,379,300	$2,517,300	$2,663,300
	Highway Fund		$815,200	$859,500	$909,400	$962,100
Fiscal Detail and Notes
	Requiring the State pay Medicare Part B premiums for State retirees will increase State costs across all funds by an estimated $5.1 million in fiscal year 2007-08 and by $5.4 million in fiscal year 2008-09.  These estimates assume the State would be paying the published Medicare Part B premium for calendar year 2007 of $93.50 per month (growing in future years by approximately 5-6% per year) for approximately 4,460 State retirees.
	General Fund appropriation of $2,256,700 for 2007-08 and $2,379,300 for 2008-09, and Highway Fund allocations of $815,200 for 2007-08 and $859,500 for 2008-09 are included for the salary plan reserve accounts to fund the increases for General Fund and Highway Fund programs.  The costs of programs paid by other funds, including a small amount for the Fund for a Healthy Maine, may require increased allotments as recommended by the State Budget Officer and approved by the Governor.
		2007-08	2008-09	2009-10	2010-11
	General Fund	$2,256,700	$2,379,300	$2,517,300	$2,663,300
	Highway Fund	$815,200	$859,500	$909,400	$962,100
	Federal Expenditures Fund	$938,300	$989,300	$1,046,700	$1,107,400
	Other Special Revenue Funds	$714,400	$753,200	$796,900	$843,100
	Federal Block Grant Fund	$55,000	$58,000	$61,400	$65,000
	Other Funds	$369,700	$390,000	$412,600	$436,700
	Total	$5,149,300	$5,429,300	$5,744,300	$6,077,600