Legislation
SECTION 139
Costs of administration
Retirement & Social Security (RSS) CHAPTER 51-A, ARTICLE 3
§ 139. Costs of administration. 1. On and after April first, nineteen
hundred fifty-five, the state and each political subdivision extending
old-age and survivors insurance coverage to its employees shall
contribute to the annual cost of administering the provisions of this
article. The director, during the month of March, nineteen hundred
fifty-six, and at the close of each fiscal year of the state thereafter,
shall determine the pro rata share of such annual cost to be contributed
by the state and by each political subdivision. Such share shall be
determined on the basis of the ratio which contributions required to be
made to the contribution fund by the state or such political
subdivision, as the case may be, bear to the total amount of
contributions required to be made to such fund during such fiscal year.
2. The director shall thereupon submit to the fiscal officer of each
political subdivision a statement of the amount to be contributed by it
pursuant to this section. Payment of the amount specified in such
statement shall be made by each political subdivision within sixty days
after the receipt thereof.
3. There shall be included in the budget estimate of the state agency
furnished to the division of the budget an estimate of the amount
necessary to meet the state's pro rata share of the cost of
administering the provisions of this article during the current fiscal
year.
4. Amounts received from political subdivisions pursuant to this
section and amounts appropriated by the legislature to meet the state's
pro rata share of the costs of administering this article shall be used
to reimburse the state purposes fund in the general fund for any
advances made from such fund for the purpose of administering the
provisions of this article.
hundred fifty-five, the state and each political subdivision extending
old-age and survivors insurance coverage to its employees shall
contribute to the annual cost of administering the provisions of this
article. The director, during the month of March, nineteen hundred
fifty-six, and at the close of each fiscal year of the state thereafter,
shall determine the pro rata share of such annual cost to be contributed
by the state and by each political subdivision. Such share shall be
determined on the basis of the ratio which contributions required to be
made to the contribution fund by the state or such political
subdivision, as the case may be, bear to the total amount of
contributions required to be made to such fund during such fiscal year.
2. The director shall thereupon submit to the fiscal officer of each
political subdivision a statement of the amount to be contributed by it
pursuant to this section. Payment of the amount specified in such
statement shall be made by each political subdivision within sixty days
after the receipt thereof.
3. There shall be included in the budget estimate of the state agency
furnished to the division of the budget an estimate of the amount
necessary to meet the state's pro rata share of the cost of
administering the provisions of this article during the current fiscal
year.
4. Amounts received from political subdivisions pursuant to this
section and amounts appropriated by the legislature to meet the state's
pro rata share of the costs of administering this article shall be used
to reimburse the state purposes fund in the general fund for any
advances made from such fund for the purpose of administering the
provisions of this article.