An Act To Ensure Proper Funding for Teacher Retirement
Maine Legislature, Session 127, LD 0060
Committee Amendment CA_A_H14 (House)

COMMITTEE AMENDMENT "A ,; to H.P. 54, LD. 60, Bill, "An Act To Ensure 
Proper Funding for Teacher Retirement" 
Amend the bill by adding after section 8 the following: 
'Sec. 9. Appropriations and allocations. The following appropriations and 
allocations are made. 
EDUCA TION, DEPARTMENT OF 
General Purpose Aid for Local Schools 0308 
Initiative: Transfers funding representing the state share of the normal cost component of 
teacher retirement from the General Purpose Aid for Local Schools program to the 
Teacher Retirement program. 
GENERAL FUND 
All Other 
GENERAL FUND TOTAL 
2015-16 
2016-17 
($18,346,560) ($18,957,388) 
($18,346,560) ($18,957,388) 
Teacher Retirement 0170 
Initiative: Transfers funding representing the state share of the normal cost component of 
teacher retirement from the General Purpose Aid for Local Schools program to the 
Teacher Retirement program. 
GENERAL FUND 
All Other 
GENERAL FUND TOTAL 
Teacher Retirement 0170 
2015-16 
$18,346,560 
$18,346,560 
COMMITTEE AMENDMENT 
2016-17 
$18,957,388 
$18,957,388 
~o~s 
COMMITTEE AMENDMENT·A "to H.P. 54, L.D. 60 
Initiative: Appropriates funds to shift responsibility for paying the full cost of teacher 
retirement back to the State. 
GENERAL FUND 
All Other 
GENERAL FUND TOTAL 
EDUCA TION, DEPARTMENT OF 
DEPARTMENT TOTALS 
GENERAL FUND 
DEPARTMENT TOTAL-ALL FUNDS 
SUMMARY 
2015-16 
$18,944,530 
$18,944,530 
2015-16 
$18,944,530 
$18,944,530 
2016-17 
$19,638,890 
$19,638,890 
2016-17 
$19,638,890 
$19,638,890 
This amendment is the majority report of the Joint Standing Committee on Education 
and Cultural Affairs. The amendment adds an appropriations and allocations section to 
the bill. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
... 
,  
Approved: 03/03/15 
;b/ar:... 
LD60 
LR 134(02) 
An Act To Ensure Proper Funding for Teacher Retirement 
Fiscal Note for Bill as Amended by Committee Amendment 'f1" (~ -/4') 
Committee: Education and Cultural Affairs 
Fiscal Note Required: Yes 
Fiscal Note 
FY 2015-16 
FY 2016-17 
Projections 
FY 2017-18 
Projections 
FY 2018-19 
Net Cost (Savings) 
General Fund 
$18,944,530 
$19,638,890 
$19,638,890 
$19,638,890 
Appropriations/Allocations 
General Fund 
Fiscal Detail and Notes 
$18,944,530 
$19,638,890 
$19,638,890 
$19,638,890 
This bill includes new General Fund appropriations of$18,944,530 in fiscal year 2015-16 and $19,638,890 in fiscal 
year 2016-17 to the Teacher Retirement program within the Department of Education to fund the portion of normal 
teacher retirement costs currently paid by school administrative units. This bill also includes General Fund 
appropriations of $18,346,560 in fiscal year 2015-16 and $18,957,388 in fiscal year 2016-17 to the Teacher 
Retirement program and corresponding General Fund deappropriations to the General Purpose Aid for Local Schools 
program representing the current state share of the normal cost of teacher retirement in order to aggregate all the state 
funding in one program. 
This fiscal note assumes that the initiatives affecting funding for the normal cost component for teacher retirement in 
the Governor's 2016-2017 Biennial Budget are enacted as proposed. The fiscal impact of this bill may need to be 
revised based on final legislative action on that budget. 
LRO 134(02) - Fiscal Note - Page 1 of 1