Date Requested: January 26, 2015
Time Requested: 09:44 AM
Agency: Consolidated Public Retirement Board
CBD Number: Version: Bill Number: Resolution Number:
2567 Introduced SB302
CBD Subject: Retirement


TDC - 2191 MPFRS

Sources of Revenue:

Other Fund State and local governmen

Legislation creates:

Neither Program nor Fund

Fiscal Note Summary

Effect this measure will have on costs and revenues of state government.

    This Bill provides for administrative changes only. It does not impact the Normal Cost nor the Actuarial Accrued Liabilities of the plans being modified.

Fiscal Note Detail

Effect of Proposal Fiscal Year
Fiscal Year
(Upon Full
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):

    The bill provvides for administrative changes for the less than honourable service provisions of TDC. It also adds coverage for the MPFRS.


    Provides that MPFRS be under the same less than honourable service provisions as other CPRB administered plans.

    Person submitting Fiscal Note: Harry W. Mandel, Board Actuary, MAAA, MSPA, EA
    Email Address: