| 124th MAINE LEGISLATURE | ||||||
| LD 1007 | LR 1034(02) | |||||
| An Act Pertaining to the Retirement of Certain Oil and Hazardous Material Specialists | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Labor | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Net Cost (Savings) | ||||||
| General Fund | $4,905 | $6,541 | $6,541 | $6,541 | ||
| Appropriations/Allocations | ||||||
| General Fund | $4,905 | $6,541 | $6,541 | $6,541 | ||
| Federal Expenditures Fund | $10,312 | $13,749 | $13,749 | $13,749 | ||
| Other Special Revenue Funds | $17,669 | $23,559 | $23,559 | $23,559 | ||
| Fiscal Detail and Notes | ||||||
| Adding certain oil and hazardous materials emergency response workers within the Department of Environmental Protection to the 1998 Special Plan on a prospective basis only will increase the normal cost component of the employer retirement rate for these members from 5.75% of payroll to 6.50% of payroll. This bill includes General Fund appropriations of $4,905 in fiscal year 2009-10 and $6,541 in fiscal year 2010-11, Federal Expenditures Fund allocations of $10,312 in fiscal year 2009-10 and $13,749 in fiscal year 2010-11 and Other Special Revenue Funds allocations of $17,669 in fiscal year 2009-10 and $23,559 in fiscal year 2010-11 to support those additional costs. | ||||||