An Act To Establish the Administrative Operating Budget for the Maine State Retirement System for the Fiscal Year Ending June 30,
Maine Legislature, Session 122, LD 0031
Committee: Labor

Legislative Document 
No. 31 
H.P.34 
House of Representatives, January 6, 2005 
An Act To Establish the Administrative Operating Budget for the 
Maine State Retirement System for the Fiscal Year Ending June 30, 
2006 
(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. 
Reference to the Committee on Labor suggested and ordered printed under Joint Rule 218. 
Printed on recycled paper 
Ir/~ 
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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, 
2006 must be paid from the system I s 
Expense Fund in 
accordance with the following schedule. 
MAINE STATE RETIREMENT SYSTEM 
Personal Services 
All Other 
MAINE STATE RETIREMENT SYSTEM 
TOTAL ALLOCATIONS 
2005-06 
$7,332,932 
3,124,933 
$10,457,865 
Sec. 2. Attribution of costs. 
The expenses identified in section 
are attributed as follows. 
2005-06 
MAINE STATE RETIREMENT SYSTEM 
General Fund 
Non-General Fund 
Participating Local District and Other 
MAINE STATE RETIREMENT SYSTEM 
TOTAL ATTRIBUTIONS 
$7,082,660 
1,550,432 
1,824,773 
$10,457,865 
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. 
The 
allocations made in section 1 of this Act and the attributions 
made in section 2 of this Act include the amounts required to 
fund the collective bargaining agreements approved in Private and 
Special Law 2003, chapter 34. 
Sec. 
5. 
Technology replacement approval. 
Of 
the 
amount 
authorized to be expended in section 1 of this Act, $200,000 is 
the initial expenditure request towards the cost of replacing the 
benefits payroll technology currently used by the Maine State 
Retirement 
System. 
This 
technology will 
become 
obsolete 
on 
December 31, 2006. 
Sec. 
6. 
Authorization 
to 
administrative operating funds. 
expend 
Of 
the 
retirement 
system 
amount 
authorized 
reserve 
to 
be 
expended in section 1 of this Act for the administrative costs of 
the 
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, 2005. 
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 12th annual 
budget. 
It is for fiscal year 2005-06. 
This 
bill 
identifies 
the 
retirement 
system's 
personal 
services costs and its costs for all other operating expenses. 
For information purposes, the bill presents the attribution 
of 
expenses 
to 
the 
retirement 
system 
member 
and 
employer 
categories: 
General 
Fund; 
Non-General 
Fund; 
and Participating 
Local District. 
This 
bill 
requests 
$200,000 
to 
begin 
funding 
for 
a 
multimillion 
dollar 
expenditure 
to 
replace 
aging 
and 
soon-to-be-desupported benefits payroll technology.