An Act To Make Supplemental Appropriations and Allocations for the Expenditures of State Government and To Change Certain Provisions of the Law Necessary to the Proper Operations of State Government for the Fiscal Years Ending June 30, 2008 and June 30, 2009
Maine Legislature, Session 123, LD 2173
Committee Amendment CA_A-SA_S_S519 (Senate)

SENATE AMENDMENT "5 " to COMMITTEE AMENDMENT "A" to H.P. 
1547, L.D. 2173, Bill, "An Act To Make Supplemental Appropriations and Allocations 
for the Expenditures of State Government and To Change Certain Provisions of the Law 
Necessary to the Proper Operations of State Government for the Fiscal Years Ending 
June 30, 2008 and June 30, 2009" 
Amend the amendment by inserting after Part MMMM the following: 
'PART NNNN 
Sec. NNNN-I. Commission established. There is established the Commission 
To Review Short-term and Long-term Costs in the Maine Public Employees Retirement 
System, referred to in this Part as "the commission." 
Sec. NNNN-2. 
Commission membership. 
The commission consists of 8 
members: 
I. The Treasurer of State or the Treasurer of State's designee; 
2. The Attorney General or the Attorney General's designee; 
3. The Commissioner of Administrative and Financial Services; 
4. One member representing the Maine State Employees Association appointed by 
the Governor; 
5. One member representing the Maine Education Association appointed by the 
Governor; 
6. One member of the public appointed by the Governor; 
7. One member of the public appointed by the President of the Senate; and 
8. One member of the public appointed by the Speaker of the House. 
Sec. NNNN-3. Chair. The Governor shall designate a chair of the commission 
from among its membership. 
Sec. NNNN-4. Appointments; convening of commission. All appointments 
must be made no later than 30 days following the effective date of this Part. The 
Page J- 123LR3445(07)-1 
SENATE AMENDMENT 
~i6~ 
SENATE AMENDMENT "S" to COMMITTEE AMENDMENT "A" to H.P. 1547, L.D. 2173 
appointing authorities shall notify the Executive Director of the Legislative Council once 
all appointments have been completed. Within 15 days after appointment of all members, 
the chair shall call and convene the first meeting of the commission, which must be no 
later than 60 days following the effective date of this Part; 
Sec. NNNN-S. Duties. The commission shall review the actuarial assumptions 
used by the Maine Public Employees Retirement System when the system is 
recommending appropriation and allocation levels to the Legislature. The commission 
shall consider whether the State Controller should retain the services of a qualified 
actuary to analyze the various plans, assets, liabilities and rates independently of the 
acturial assumptions used by the Maine Public Employees Retirement System. 
The 
commission shall also review the various plans of the retirement system and make 
appropriate recommendations for the efficacy of those plans. 
Sec. NNNN-6. 
Staff assistance. 
The Department of Administrative and 
Financial Services shall provide necessary staffing services to the commission. 
Sec. NNNN-7. Report. No later than November 5, 2008, the commission shall 
submit a report that includes its findings and recommendations, including any suggested 
legislation, for presentation to the Joint Standing Committee on Appropriations and 
Financial Affairs.' 
Amend the amendment by relettering or renumbering any nonconsecutive Part letter 
or section number to read consecutively. 
(Senator ROTU 
COUNTY: Androscoggin 
FISC "' 1, ,nT, ',' '-r·1 mED 
l::'" .• ""'''i~J) 
SENATE AMENDMENT 
Approved: 03/27/08 Mac 
LD 2173 
LR 3445(07) 
An Act To Make Supplemental Appropriations and Allocations for the Expenditures of State 
Government and To Change Certain Provisions of the Law Necessary to the Proper Operations of 
State Government for the Fiscal Years Ending June 30,2008 and June 30,2009 
Fiscal Note for Senate Amendment" S "to Committee Amendment" A" 
Sponsor: Sen. Rotundo of Androscoggin 
Fiscal Note Required: Yes 
Fiscal Note 
No net fiscal impact - General Fund 
Fiscal Detail and Notes 
This amendment will have no net effect on General Fund appropriations and revenue and a balanced budget is 
maintained for the 2008-2009 biennium. 
LR3445(07) - Fiscal Note - Page I of I