Honorable Jeff Wentworth, Chair, Senate Committee on Jurisprudence
John S. O'Brien, Director, Legislative Budget Board
SB1519 by Wentworth (Relating to longevity pay for certain state judges and justices.), As Introduced
|Fiscal Year||Probable Net Positive/(Negative) Impact to General Revenue Related Funds|
|Fiscal Year||Probable Savings/(Cost) from
GENERAL REVENUE FUND
The bill would provide longevity pay for active judges in Judicial Retirement System Plan II (JRS II). The amount would be $50 per month for each year of service, calculated and payable only after 8, 12, and 16 years of service.
The number of eligible JRS II judges is estimated to range between 183 and 277 over the period 2008 through 2012. Eligible judges would receive $4,800 per year for service of 8-11 years, $7,200 per year for service of 12-15 years, and $9,600 per year for 16 years and over.
This analysis assumes no additional Fund 573 money would be available to pay for this benefit, so the costs would be borne solely by General Revenue.
327 Employees Retirement System
JOB, MN, SD, WM