LD 31
pg. 1
LD 31 Title Page P & S Law Chapter 1 Page 2 of 2
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LR 341
Item 1

 
CHAPTER 1

 
H.P. 34 - L.D. 31

 
An Act To Establish the Administrative Operating Budget

 
for the Maine State Retirement System for the Fiscal Year

 
Ending June 30, 2006

 
Emergency preamble. Whereas, acts of the Legislature do not become
effective until 90 days after adjournment unless enacted as
emergencies; and

 
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,
2006 must be paid from the system's Expense Fund in accordance
with the following schedule.

 
2005-06

 
MAINE STATE RETIREMENT SYSTEM

 
Personal Services$7,332,932

 
All Other3,124,933


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