An Act To Establish the Administrative Operating Budget for the Maine State Retirement System for the Fiscal Year Ending June 30,
Maine Legislature, Session 121, LD 1656
Committee: Labor

Legislative Document 
No. 1656 
H.P. 1231 
House of Representatives, December 15, 2003 
An Act To Establish the Administrative Operating Budget for the 
Maine State Retirement System for the Fiscal Year Ending June 30, 
2005 
(EMERGENCY) 
Reported by Representative SMITH of Van Buren for the Maine State Retirement System 
pursuant to the Maine Revised Statutes, Title 5, section 17103, subsection 13. 
Received by the Clerk of the House on December 11, 2003. Referred to the Committee on 
Labor pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401. 
Printed on recycled paper 
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MILLICENT M. MacFARLAND 
Clerk 
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, 2005 must be paid from the retirement system's Expense 
Fund in accordance with the following schedule. 
MAINE STATE RETIREMENT SYSTEM 
Personal Services 
All Other 
MAINE STATE RETIREMENT SYSTEM 
TOTAL ALLOCATIONS 
2004·05 
$7,098,675 
2,860,570 
$9,959,245 
Sec. 2. Attribution of costs. 
The expenses identified in section 
are attributed as follows. 
2004·05 
MAINE STATE RETIREMENT SYSTEM 
General Fund 
Non-General Fund 
Participating Local District and Other 
MAINE STATE RETIREMENT SYSTEM 
TOTAL ATTRffiUTIONS 
$6,697,592 
1,508,826 
1,752,827 
$9,959,245 
Sec. 3. Transfers of allocations; year-end balances. 
Transfers of 
allocations and carry-forwards of unexpended balances must be 
carried out in accordance with the Maine Revised Statutes, Title 
5, section 17103, subsection 13. 
Sec. 4. Collective bargaining agreements approval. 
As 
requi red 
by the Maine Revised Statutes, Title 5, section IJI03, subsection 
14, 
collective 
bargaining 
agreements 
covering 
the 
period 
beginning November 1, 2003 and ending October 31, 2006 between 
the Maine State Retirement System and the Maine State Employees 
Association for the retirement system's administrative services, 
professional-technical 
and 
supervisory 
bargaining 
units 
are 
approved. 
The allocations made in section 1 and the attributions 
made 
in section 2 
include the 
amounts 
required to 
fund the 
collective bargaining agreements in fiscal year 2004-05. 
Amounts 
required to fund the collective bargaining agreements in fiscal 
year 2005-06 and 4 months of fiscal year 2006-07 are subject to 
specific appropriation requests to be submitted to the 122nd 
Legislature for review and approval. 
Sec. 5. 
Authorization to 
expend 
retirement system reserve 
administrative operating funds. 
Of 
the 
amount authorized to be 
expended in section 1 for the administrative costs of the Maine 
State Retirement 
System, 
$400,000 must 
be provided 
from 
the 
system's reserve administrative operating funds. 
Emergency clause. 
In view of the emergency cited in the 
preamble, this Act takes effect July 1, 2004. 
SUMMARY 
Effective July 1, 1993, the Maine State Retirement System is 
required by statute to present its annual operating budget to the 
Legislature for approval. 
This bill is the system's 11th annual 
budget. 
It is for fiscal year 2004-05. 
This 
bill 
identifies 
the 
retire~ent 
system's 
personal 
services costs and its costs for all other operating expenses. 
For information 
of expenses 
to 
the 
categories: 
General 
Local District. 
purposes, the bill presents the attribution 
retirement 
system member 
and employer 
Fund, 
Non-General 
Fund 
and Participating