FISCAL NOTE
Date Requested: February 24, 2015
Time Requested: 03:20 PM |
| Agency: |
Consolidated Public Retirement Board |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3294 |
Introduced |
HB2995 |
|
|---|
| CBD Subject: |
Retirement |
|---|
|
FUND(S):
DSRS 2150
Sources of Revenue:
Other Fund Local Governments
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
DSRS is a local governmental plan and therefore does not impact either costs nor revenues of state government.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2015
Increase/Decrease
(use"-") |
2016
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
0 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
DSRS is a local governmental plan and therefore does not impact either costs nor revenues of state government.
Memorandum
Since DSRS covers only local governmental members there is no impact on State Government for this improvement
Person submitting Fiscal Note: Harry W. Mandel, Board Actuary, MAAA, MSPA, EA
Email Address: harry.w.mandel@wv.gov