BY REPRESENTATIVES Anderson, Adkins, Agler, Allen, Arrington, Epps, Morrison, Musgrave, Owen, and Paschall;
also SENATORS Lamborn and Powers.
CONCERNING A ONETENTH OF ONE PERCENT REDUCTION
IN THE CONTRIBUTION RATE FOR EMPLOYERS IN THE STATE AND SCHOOL
DIVISION OF THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION, AND
MAKING AN APPROPRIATION IN CONNECTION THEREWITH.
Be it enacted by the General Assembly of the State
of Colorado:
SECTION 1. 2451401
(1.7), Colorado Revised Statutes, is amended to read:
2451401. Employer and member contributions. (1.7) Employers designated as state employers by rule of the board shall forward to the association by the tenth calendar day of each month a monthly contribution report and the full amount of employer and member contributions. Employers designated as school employers by rule of the board and municipal division employers shall forward to the association, by the date established by rule of the board, a monthly contribution report and the full amount of employer and member contributions. Except as provided in subsection (7) of this section, such contributions shall be based upon the rates for the appropriate division as set forth in the following table multiplied by the total gross salary paid to members for the preceding month:
| |||
Division |
Membership |
Employer Rate | Member Rate |
State and School |
All Members | 8.0% | |
Except State Troopers | 13.1% | 11.5% | |
Municipal | All Members | 10.0% | 8.0% |
Judicial | All Members | 15.0% | 8.0% |
SECTION 2. Appropriations in long bill to be adjusted. For the implementation of section 2451401 (1.7), Colorado Revised Statutes, appropriations made in the annual general appropriation act for the fiscal year beginning July 1, 1998, shall be reduced by the sum of one million four hundred nineteen thousand one hundred ten dollars ($1,419,110). Said reductions shall be derived from such sources as detailed in the table below:
|
|
|
| |||
Agriculture | (5,459) | (5,039) | (527) | 0 | (132) | (11,157) |
Corrections | (171,666) | (839) | (6,477) | 0 | 0 | (178,982) |
Education | (14,610) | (988) | (991) | 0 | 0 | (16,589) |
Governor | (6,406) | 0 | 0 | 0 | (728) | (7,134) |
Health Care Policy and Financing | (18,240) |
0 | 0 | 0 | (19,082) | (37,322) |
Higher Education |
(198,441) | (190,989) | (14,257) | 0 | (114) | (403,801) |
Human Services |
(99,651) | (2,132) | (53,338) | 0 | (29,590) | (184,711) |
Judicial | (79,217) | (4,811) | 0 | 0 | 0 | (84,028) |
Public Defender |
(16,073) | 0 | 0 | 0 | 0 | (16,073) |
Alternate Defense Counsel | (171) | 0 | 0 | 0 | 0 | (171) |
Labor and Employment | 0 | (11,213) | (2,550) | 0 | (32,289) | (46,052) |
Law | (4,918) | (822) | (9,183) | 0 | (455) | (15,378) |
Legislature | (10,682) | 0 | 0 | 0 | 0 | (10,682) |
Local Affairs |
(5,904) | (260) | (636) | 0 | (2,025) | (8,825) |
Military Affairs |
(1,516) | 0 | 0 | 0 | (2,413) | (3,929) |
Natural Resources | (16,191) | (34,649) | (6,047) | 0 | (5,412) | (62,299) |
Personnel | (11,612) | (118) | (13,323) | 0 | 0 | (25,053) |
|
|
|
| |||
Public Health and Environment | (7,541) |
(10,578) | (9,598) | 0 | (21,951) | (49,668) |
Public Safety |
(8,897) | (2,316) | (31,789) | (2,110) | (918) | (46,030) |
Regulatory Agencies | (1,241) | (20,178) | (3,301) | 0 | 0 | (24,720) |
Revenue | (41,946) | (1,868) | (9,211) | (5,144) | 0 | (58,169) |
State | 0 | (2,592) | 0 | 0 | 0 | (2,592) |
Transportation |
(198) | (370) | (69,967) | 0 | (53,998) | (124,533) |
Treasury | (1,212) | 0 | 0 | 0 | 0 | (1,212) |
Total | (721,792) | (289,762) | (231,195) | (7,254) | (169,107) | (1,419,110) |
SECTION 3. Effective
date. This act shall take effect July 1, 1998.
SECTION 4. Safety
clause. The general assembly hereby finds, determines, and
declares that this act is necessary for the immediate preservation
of the public peace, health, and safety.
____________________________ ____________________________
Charles E. Berry Tom Norton
SPEAKER OF THE HOUSE PRESIDENT OF
OF REPRESENTATIVES THE SENATE
____________________________ ____________________________
Judith M. Rodrigue Patricia K. Dicks
CHIEF CLERK OF THE HOUSE ASSISTANT SECRETARY OF
OF REPRESENTATIVES THE SENATE
APPROVED________________________________________
_________________________________________
Roy Romer
GOVERNOR OF THE STATE
OF COLORADO