Bill > H0390

This bill provides an additional appropriation to the Public Employee Retirement System (PERSI) for fiscal year 2026, allocating specific funding amounts for two key areas. Specifically, the bill appropriates $3,615,600 to the Retirement Administration program, with $3,000,000 from the PERSI Administrative Fund and $615,600 for operating capital expenditures and outlay. Additionally, it allocates $25,400 to the Portfolio Investment program, with $12,500 from the PERSI Special Fund and $12,900 for operating expenses. The total appropriation amounts to $3,641,000 for the period from July 1, 2025, through June 30, 2026. The bill includes an emergency clause, which means it will go into effect immediately upon passage, specifically starting on July 1, 2025, to ensure the Public Employee Retirement System has the necessary funding for its administrative and investment operations during the specified fiscal year.

Budget and Finance

Appropriations Committee (H)

https://legislature.idaho.gov/sessioninfo/2025/legislation/H0390/