2000 Legislation
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HOUSE BILL NO. 790 – Approp, Public Employee Retirement

HOUSE BILL NO. 790

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Daily Data Tracking History



H0790.....................................................by APPROPRIATIONS
APPROPRIATIONS - PUBLIC EMPLOYEE RETIREMENT SYSTEM - Appropriates
$5,962,500 to the Office of the Governor for the Public Employee Retirement
System for fiscal year 2001;  provides legislative intent that moneys
appropriated for the Portfolio Investment Program are for administrative
costs of the program; limits the number of authorized full-time equivalent
positions to 55; and appropriates an additional $96,200 to the Public
Employee Retirement System for fiscal year 2000.
                                                                        
03/29    House intro - 1st rdg - to printing
03/30    Rpt prt - 2nd rdg - to 3rd rdg
    Rules susp - PASSED - 62-1-7
      AYES -- Alltus, Barraclough, Barrett, Bell, Bieter, Black, Boe,
      Bruneel, Callister, Campbell, Chase, Cheirrett, Clark, Crow, Cuddy,
      Deal, Denney, Ellsworth, Field(13), Field(20), Gagner, Gould, Hadley,
      Hansen(23), Hansen(29), Henbest, Hornbeck, Jaquet, Jones(Jones),
      Judd, Kellogg, Kempton, Kendell, Kunz, Linford, Loertscher, Mader,
      Marley, McKague, Meyer, Montgomery, Mortensen, Pearce, Pischner,
      Pomeroy, Reynolds, Ridinger, Ringo, Robison, Schaefer, Sellman,
      Shepherd, Smith, Smylie, Stevenson, Stoicheff, Stone, Tilman, Trail,
      Wheeler, Wood, Zimmermann
      NAYS -- Sali
      Absent and excused -- Geddes, Hammond, Lake, Moss, Moyle, Taylor, Mr
      Speaker
    Floor Sponsor - Pomeroy
    Title apvd - to Senate
    Senate intro - 1st rdg - to Fin
04/03    Rpt out - rec d/p - to 2nd rdg
04/04    2nd rdg - to 3rd rdg
04/05    3rd rdg - PASSED - 33-0-2
      AYES--Andreason, Boatright, Bunderson, Burtenshaw, Cameron,
      Danielson, Darrington, Davis, Deide, Dunklin, Frasure, Geddes,
      Hawkins, Ingram, Keough, King-Barrutia, Lee, McLaughlin, Noh, Parry,
      Richardson, Riggs, Risch, Sandy, Schroeder, Sorensen, Stegner,
      Stennett, Thorne, Walton, Wheeler, Whitworth, Williams
      NAYS--None
      Absent and excused--Crow, Ipsen
    Floor Sponsor - Cameron
    Title apvd - to House
    To enrol - rpt enrol - Sp signed - Pres signed
04/06    To Governor
04/14    Governor signed
         Session Law Chapter 404
         Effective: 04/14/00 - Section 4
                 07/01/00 - All others

Bill Text


 H0790
                                                                        
                                                                        
  ||||              LEGISLATURE OF THE STATE OF IDAHO             ||||
 Fifty-fifth Legislature                  Second Regular Session - 2000
                                                                        
                                                                        
                              IN THE HOUSE OF REPRESENTATIVES
                                                                        
                                     HOUSE BILL NO. 790
                                                                        
                                BY APPROPRIATIONS COMMITTEE
                                                                        
  1                                        AN ACT
  2    APPROPRIATING MONEYS FOR THE PUBLIC EMPLOYEE RETIREMENT SYSTEM FOR FISCAL YEAR
  3        2001; CLARIFYING THE APPROPRIATION FOR THE PORTFOLIO  INVESTMENT  PROGRAM;
  4        LIMITING THE NUMBER OF FULL-TIME EQUIVALENT POSITIONS; APPROPRIATING ADDI-
  5        TIONAL  MONEYS  FOR  THE PUBLIC EMPLOYEE RETIREMENT SYSTEM FOR FISCAL YEAR
  6        2000; AND DECLARING AN EMERGENCY FOR SECTION 4 OF THIS ACT.
                                                                        
  7    Be It Enacted by the Legislature of the State of Idaho:
                                                                        
  8        SECTION 1.  There is hereby appropriated to the Office of the Governor for
  9    the Public Employee Retirement System the following amounts,  to  be  expended
 10    for  the  named  programs according to the designated expense classes from the
 11    listed funds for the period July 1, 2000, through June 30, 2001:
 12                          FOR          FOR            FOR
 13                       PERSONNEL    OPERATING       CAPITAL
 14                         COSTS     EXPENDITURES     OUTLAY        TOTAL
 15    I. RETIREMENT ADMINISTRATION:
 16    FROM:
 17    Public Employee
 18     Retirement System
 19     Fund              $2,371,100   $2,969,100      $118,400    $5,458,600
 20    II. PORTFOLIO INVESTMENT:
 21    FROM:
 22    Public Employee
 23     Retirement System
 24     Fund              $  286,900   $  196,400      $ 13,000    $  496,300
 25    III. 401(k) ADMINISTRATION:
 26    FROM:
 27    PERSI 401(k) Administration
 28     Fund                           $    7,600                  $    7,600
                                                                        
 29      GRAND TOTAL      $2,658,000   $3,173,100      $131,400    $5,962,500
                                                                        
 30        SECTION 2.  Notwithstanding  Section  59-1311(4)(d),  Idaho  Code,  moneys
 31    appropriated in Section 1 of this act for the Portfolio Investment Program are
 32    for  administrative  costs  of the Portfolio Investment Program as provided in
 33    Section 59-1311(3), Idaho Code. Amounts necessary to pay all other  investment
 34    expenses related to the Portfolio Investment Program are perpetually appropri-
 35    ated  to  the  Public  Employee Retirement System Board as provided in Section
 36    59-1311(4)(a), (b) and (c), Idaho Code.
                                                                        
 37        SECTION 3.  In accordance with Section 67-3519,  Idaho  Code,  the  Public
 38    Employee  Retirement  System  is authorized no more than fifty-five (55) full-
 39    time equivalent positions at any point during the period July 1, 2000, through
 40    June 30, 2001, for the programs specified in Section 1  of  this  act,  unless
 41    specifically authorized by the Governor. The Joint Finance-Appropriations Com-
                                                                        
                                           2
                                                                        
  1    mittee will be notified promptly of any increased positions so authorized.
                                                                        
  2        SECTION  4.  In  addition  to the appropriation made in Section 1, Chapter
  3    233, Laws of 1999, there is hereby appropriated to the Office of the  Governor
  4    for  the  Public Employee Retirement System for Retirement Administration, the
  5    following amounts, to be expended according to the designated expense  classes
  6    from the listed fund for the period July 1, 1999, through June 30, 2000:
  7    FROM:
  8    Public Employee Retirement System Fund                                 $96,200
  9    FOR:
 10    Personnel Costs                                                        $ 9,000
 11    Operating Expenditures                                                  85,000
 12    Capital Outlay                                                           2,200
 13      TOTAL                                                                $96,200
                                                                        
 14        SECTION  5.  An  emergency  existing  therefor,  which emergency is hereby
 15    declared to exist, Section 4 of this act shall be in full force and effect  on
 16    and after its passage and approval.

Statement of Purpose / Fiscal Impact


Statement of Purpose
RS09286

This is the Fiscal Year 2001 appropriation for the Public Employee Retirement System of Idaho

(PERSI). This bill also includes a Fiscal Year 2000 supplemental appropriation. The PERSI budget is

funded by dedicated funds.

.
&nbsp

Fiscal Note
FTP  Gen  Ded  Fed  Total 

FY 2000 Original Appropriation 48.00  3,521,100  3,521,100 
Supplementals 0.00  146,200  146,200 

FY 2000 Total Appropriation 48.00  3,667,300  3,667,300 
Expenditure Adjustments 0.00 

FY 2000 Estimated Expenditures 48.00  3,667,300  3,667,300 
Base Adjustments 0.00  (171,300)  (171,300) 

FY 2001 Base 48.00  3,496,000  3,496,000 
Personnel Cost Rollups 0.00  29,800  29,800 
Inflationary Adjustments 0.00 
Replacement Items 0.00  78,000  78,000 
Non-Standard Adjustments 0.00  3,100  3,100 
Change in Employee Compensation 0.00  74,600  74,600 

FY 2001 Program Maintenance 48.00  3,681,500  3,681,500 

Enhancements          
Public Employee Retirement System          
 1. Fill Vacant Deputy Position 0.00  45,600  45,600 
 2. Disability Claims Determination 0.00  131,500  131,500 
 3. Technology Planning & Upgrades 0.00  270,000  270,000 
 4. Database Maintenance & Upgrades 0.00  400,000  400,000 
 5. Backup Copies of Member Records 0.00  20,400  20,400 
 6. Increase Personnel Funding 0.00  35,000  35,000 
 7. 401k Program Participation Increases 0.00  2,500  2,500 
 8. HB 510 Fiscal Impact of Gainsharing 7.00  1,376,000  1,376,000 

FY 2001 Total 55.00  5,962,500  5,962,500 
Chg from FY 2000 Orig Approp 7.00  2,441,400  2,441,400 
% Chg from FY 2000 Orig Approp. 14.6%  69.3%  69.3% 

This FY 2001 appropriation funds eight enhancements. The first provides funding to allow

PERSI to fill a Deputy Director position that has long been vacant. The second provides funding

to allow PERSI to contract for expert advice in the area of disability claims determination.

The third and fourth enhancements relate to technology planning and upgrades to PERSI’s computer

system. The fifth enhancement provides funding to create backup copies of all members records.

The sixth enhancement provides additional personnel dollars for the Portfolio Management

program. The seventh increases the spending authority of the 401k program to reflect increasing

employee participation. The last enhancement provides seven new positions and the contract

programming services necessary to implement the gainsharing system outlined in HB 510 by the

January 1, 2001 implementation date.

This bill also provides $96,200 in Fiscal Year 2000

supplemental funds to begin the immediate implementation of the gainsharing system. Again, this

will enable PERSI to have this system ready in time for the January 1, 2001 implementation date.

Contact: Jason Hancock 334-4739
Legislative Services Office, Budget & Policy Analysis


Statement of Purpose/Fiscal Note
Bill No. H790