(1)
- (a) For the fiscal year beginning July 1, 2017, the state shall contribute $31.386 million and for the fiscal year beginning July 1, 2018, the state shall contribute $31.958 million from the general fund to the public employees' retirement system pension trust as a supplemental contribution to the public employees' retirement system.
- (b) Starting in the fiscal year beginning July 1, 2019, the state shall contribute from the general fund to the public employees' retirement system pension trust 101% of the contribution from the previous years as a supplemental contribution to the public employees' retirement system.
- (c) The 69th legislature shall review the performance of subsection (1)(b) and make recommendations for adjustments as needed.
- (2) This contribution is statutorily appropriated, as provided in 17-7-502, from the general fund to the pension trust fund.
History: En. Sec. 3, Ch. 351, L. 2017.