Whereas, the 90-day period may not terminate until after the beginning of the next fiscal year; and

Whereas, certain obligations and expenses incident to the operation of the Maine State Retirement System will become due and payable before the 90-day period may terminate; and

Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Be it enacted by the People of the State of Maine as follows:

Sec. 1. Allocation of funds. Administrative operating expenses of the Maine State Retirement System for the fiscal year ending June 30, 2004 must be paid from the retirement system's Expense Fund in accordance with the following schedule.

2003-04

MAINE STATE RETIREMENT SYSTEM

Personal Services $7,098,675

All Other 2,860,570

MAINE STATE RETIREMENT SYSTEM __________

TOTAL ALLOCATIONS $9,959,245

Sec. 2. Attribution of costs. The expenses identified in section 1 are attributed as follows.

2003-04

MAINE STATE RETIREMENT SYSTEM

General Fund $6,697,592

Non-General Fund 1,508,826

Participating Local District and Other 1,752,827

MAINE STATE RETIREMENT SYSTEM __________

TOTAL ATTRIBUTIONS $9,959,245