FISCAL NOTE
Date Requested: March 03, 2017 Time Requested: 11:47 AM |
Agency: |
Consolidated Public Retirement Board |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
2278 |
Introduced |
SB506 |
|
CBD Subject: |
|
---|
|
FUND(S):
PERS 2501
Sources of Revenue:
Other Fund N/A
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
There are no changes to any current or future PERS retirement benefits, and therefore no pension costs or savings.
A Fiscal Note should be requested from the WV Department of Revenue, as this bill would affect WV State Tax collections.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2017 Increase/Decrease (use"-") |
2018 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):
There are no changes to any current or future PERS retirement benefits, and therefore no pension costs or savings.
A Fiscal Note should be requested from the WV Department of Revenue, as this bill would affect WV State Tax collections.
Memorandum
A Fiscal Note should be requested from the WV Department of Revenue, as this bill would affect WV State Tax collections.
Person submitting Fiscal Note: Melody Bailey, Actuarial Analyst, WVCPRB
Email Address: melody.j.bailey@wv.gov