Community college police officer retirement.

13LSO-0211.L2

FISCAL NOTE

It is assumed retirement contributions for any members/employees moved to the Law Enforcement Plan from the Public Employee Pension Plan generally increases to 17.20 percent of salary from 14.12 percent of salary for those who elect to move to this plan. It is also assumed service prior to July 1, 2013 will not be credited to the affected employees as a result of this legislation.  Given these assumptions, this legislation would not adversely impact the actuarial status of the Law Enforcement Pension Plan.

NOTICE-AGENCY ESTIMATE OF ADMINISTRATIVE IMPACT REQUESTED

This bill has administrative impact that appears to increase (or decrease) duties or responsibilities of one or more state agencies and may impact agency spending or staffing requirements. As introduced, the bill does not modify any state agency budget or current personnel authorizations.

The following state agencies will be asked to provide their estimate of the administrative fiscal impact prior to the first committee meeting held to consider the bill:

Community College Commission

Prepared by:   Dean Temte, LSO       Phone: 777-7881

(Information provided by Polly Scott, WRS; 777-3326:

Matthew Petry, Community College, Comm.; 777-5859)