This Fiscal Note is not an official copy and should not be quoted or cited.
This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0962 - Changes a date in applicability of certain benefits in the Kansas City Civilian Police Retirement System
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 3989-01
BILL NO. SB 962
SUBJECT: Retirement: Kansas City Police
TYPE: Original
DATE: March 5, 1998
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED
FY 1999
FY 2000
FY 2001
None
$0
$0
$0
Total Estimated
Net Effect on All
State Funds
$0
$0
$0
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED
FY 1999
FY 2000
FY 2001
None
$0
$0
$0
Total Estimated
Net Effect on All
Federal Funds
$0
$0
$0
ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED
FY 1999
FY 2000
FY 2001
Local Government
$0
$0
$0
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
The Joint Committee on Public Employee Retirement has reviewed this proposal and has
determined it does not represent a "substantial proposed change" in future plan benefits as
defined in section 105.660(5), RSMo.
Officials of the Office of Administration assume any fiscal impact would be determined by the
Kansas City Police Retirement System.
Officials of the Kansas City Police and Civilian Employees' Retirement Systems assume the
proposal would have no fiscal impact to either system.
| FISCAL IMPACT - State Government FY 1999 FY 2000 FY 2001 |
| (10 Mo.) |
| 0 0 0 |
| FISCAL IMPACT - Local Government FY 1999 FY 2000 FY 2001 |
| (10 Mo.) |
| 0 0 0 |
| FISCAL IMPACT - Small Business |
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
The proposal would allow certain members of the Civilian Employees' Retirement System of the
Police Department of Kansas City to become eligible to be compensated for a supplemental
retirement health insurance benefit on August 28, 1998 (current law specifies August 28, 1996)
or at the time of appointment as a special consultant, whichever occurs later.
This legislation is not federally mandated, would not duplicate any other program and would not
require additional capital improvements or rental space.
SOURCES OF INFORMATION
Joint Committee on Public Employee Retirement
Office of Administration
Kansas City Police and Civilian Employees' Retirement Systems
Jeanne Jarrett, CPA
Director
March 5, 1998