Compendium of Budget Information for the 2014 General Session

Infrastructure and General Government
Appropriations Subcommittee PDF icon (PDF)
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Agency: Administrative Services

Line Item: Elected Official Post-Retirement Benefits Contribution

Function

During the 2012 General Session, the Legislature eliminated the governor and legislator's post-retirement health care benefits for new governors and legislators and established the Elected Official Post-Retirement Benefits Trust Fund for the purpose of investing funds for existing governor and legislator post-retirement health care benefits. The Legislature also authorized the board of trustees for the State Post-Retirement Benefits Trust Fund to serve as trustees for the Elected Official Post-Retirement Benefits Trust Fund and established procedures for the investment of and expenditures from the trust funds. This action was accomplished through passage of SB 156, "Elected Official Retirement Benefits Amendments".

Funding Detail

For more detail about a particular source of finance or organizational unit, click a linked entry in the left column of the table(s) below.

Sources of Finance
(click linked fund name for more info)
General Fund
General Fund, One-time
Beginning Nonlapsing - Finance - Mandated - OPEB
Total
2010
Actual
2011
Actual
2012
Actual
2013
Actual
2014
Approp
2014
Change
2014
Revised
2015
Change
2015
Approp
$0 $0 $0 $2,030,000 $2,030,000
$0
$2,030,000
($642,400)
$1,387,600
$0 $0 $2,030,000 $0 $0
$0
$0
$0
$0
$0 $0 $1,439,900 $0 $0
$0
$0
$0
$0
$0
$0
$3,469,900
$2,030,000
$2,030,000
$0
$2,030,000
($642,400)
$1,387,600
Programs:
(click linked program name to drill-down)
Elected Official Post-Retirement Trust Fund
Total
2010
Actual
2011
Actual
2012
Actual
2013
Actual
2014
Approp
2014
Change
2014
Revised
2015
Change
2015
Approp
$0 $0 $3,469,900 $2,030,000 $2,030,000
$0
$2,030,000
($642,400)
$1,387,600
$0
$0
$3,469,900
$2,030,000
$2,030,000
$0
$2,030,000
($642,400)
$1,387,600
Categories of Expenditure
(mouse-over category name for definition)
Other Charges/Pass Thru
Total
2010
Actual
2011
Actual
2012
Actual
2013
Actual
2014
Approp
2014
Change
2014
Revised
2015
Change
2015
Approp
$0 $0 $3,469,900 $2,030,000 $2,030,000
$0
$2,030,000
($642,400)
$1,387,600
$0
$0
$3,469,900
$2,030,000
$2,030,000
$0
$2,030,000
($642,400)
$1,387,600
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COBI contains unaudited data as presented to the Legislature by state agencies at the time of publication. For audited financial data see the State of Utah's Comprehensive Annual Financial Reports.