|Date Requested:February 25, 2005
Time Requested:11:29 AM
| FUND(S) |
Municipal Pension Funds
Sources of Revenue
|Other Fund None|
Legislation creates:Neither Program nor Fund
Effect this measure will have on costs and revenues of state government.
| The proposed bill does not impact any state government revenues or expenditures.
The bill would impact municipal pension and relief funds at the local level. As written, the bill would increase payments to retirees of a policemens and or firemens pension plan by five percent to a minimum total of 65% of final average salary and to a maximum of 80% of final average salary.
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||0||0|
|Repairs and Alterations||0||0||0|
|2. Estimated Total Revenues||0||0||0|
3. Explanation of above estimates (including long-range effect):
The bill does not increase or decrease state revenues or expenditures.