Governor Deval Patrick's Budget Recommendation - House 2 Fiscal Year 2009

Governor's Budget Recommendation FY 2009

Outside Section 31



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Transfer to State Retiree Benefits Trust Fund

SECTION 31.   Notwithstanding any general or special law to the contrary, during fiscal year 2009, the comptroller shall, according to a schedule developed in consultation with the state treasurer and the secretary of administration and finance, transfer $382,938,275 from the General Fund to the State Retiree Benefits Trust Fund, established by section 24 of chapter 32A of the General Laws.
 
 

Summary:
This section transfers $382,938,275 from the General Fund to the State Retiree Benefits Trust Fund, in order to fund retiree health care benefits in this fiscal year.



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