SENATE AMENDED PRIOR PRINTER'S NO. 1490 PRINTER'S NO. 1767
No. 1329 Session of 1979
INTRODUCED BY MR. McCLATCHY, MAY 14, 1979
SENATOR SMITH, APPROPRIATIONS, IN SENATE, AS AMENDED, JUNE 18, 1979
AN ACT 1 Making appropriations from the State Employees' Retirement Fund 2 to provide for expenses of the State Employees' Retirement 3 Board for the fiscal period July 1, 1979 to June 30, 1980 and 4 for the payment of bills incurred and remaining unpaid at the 5 close of the fiscal period ending June 30, 1979. 6 The General Assembly of the Commonwealth of Pennsylvania 7 hereby enacts as follows: 8 Section 1. The following sums or as much thereof as may be 9 necessary, are hereby specifically appropriated from the State 10 Employees' Retirement Fund to the State Employees' Retirement 11 Board for the fiscal period beginning July 1, 1979 and for the 12 payment of bills incurred and remaining unpaid at the close of 13 the fiscal period ending June 30, 1979: 14 (1) The sum of $2,133,000, or as much thereof as may be 15 necessary, for the payment of all salaries, wages and other 16 compensation and travel expenses of the employees and members of 17 the State Employees' Retirement Board, for contractual services 18 including the fees for mortgage supervision but exclusive of 19 money management fees, and other expenses necessary for the
1 proper conduct of the duties, functions and activities of the
2 board and for the payment of bills incurred and remaining unpaid
3 at the close of the fiscal period ending June 30, 1979.
4 (2) The sum of $40,000, or as much thereof as may be
5 necessary, for the development and integration of a computer
6 control system for control over the security investments of the
7 State Employees' Retirement Board.
8 (3) The sum of $300,000, or as much thereof as may be
9 necessary, for the retention of present money management for the <--
10 State Employees' Retirement Board.
11 Section 2. This act shall take effect July 1, 1979.
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