Relates to the appropriation to the Public Employee Retirement System of Idaho for fiscal year 2023.

This is the FY 2023 original appropriation bill for the Public Employee Retirement System. It appropriates a total of $12,494,000 and caps the number of authorized full-time equivalent positions at 73.00. For benefit costs, the bill increases the appropriated amount for health insurance by $850 to $12,500 per eligible full time FTP,includesaone-yearholidayofunemploymentinsurance,andadjustsworkers'compensationamounts. The billalsoprovidesfundingforpermanentemployeesfortheequivalentofa3%salarystructureshiftandprovides $1.25 per hour per eligible employee to be distributed based on merit for change in employee compensation. The bill funds two line items. Line item 1 provides additional funds for pension software and line item 2 provides an increase in personnel costs for an actuary.