Fiscal Note
HB0146 - Public Safety Retirement for Dispatchers
State Impact:
The bill will require an increase in the retirement contribution rates for certain dispatchers participating in the Utah Retirement Systems. The rates (as a percentage of salary) for State-employed dispatchers in the Contributory and Noncontributory Retirement systems will increase by 11.02 percentage points and 11.03 percentage points, respectively. This increase in rates will require an appropriation of $267,800 from various funding sources.
The rate increases for certain dispatchers employed by local governments would vary between entities, ranging from 8.40 to 25.14 percentage points.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2007 Revenue | FY 2008 Revenue |
| General Fund | $219,600 | $219,600 | $0 | $0 |
| Dedicated Credits | $48,200 | $48,200 | $0 | $0 |
| Total | $267,800 | $267,800 | $0 | $0 |
Individual and Business Impact:
This bill could increase the retirement benefit and change retirement eligibility requirements for some public dispatchers.
Office of the Legislative Fiscal Analyst
1/27/2006, 11:04:04 AM