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State retirement - military service credits. |
03LSO-0262.L2 |
FISCAL NOTE (SF0123)
This bill contains an appropriation of $106,000 from the GENERAL FUND.
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FY 2005 |
FY 2006 |
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NON-ADMINISTRATIVE IMPACT |
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Anticipated Expenditure Increase: |
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GENERAL FUND |
106,000 |
106,000 |
108,000 |
Source of expenditure increase:
Payment of military service credit up to two years.
Assumptions:
100 members system wide, average salary $28,667, serving 2 years of military service over next three years.
Prepared by: Thomas Mann, WRS Phone: 777-6115