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Amend the bill in section 1 in subsection 6 in the first paragraph in the 2nd and 3rd lines (page 1, lines 5 to 6 in L.D.) by striking out the following: "must be based on the actuarial report required by subsection 12 and"
Amend the bill in section 1 in subsection 6 in the first paragraph in the last line (page 1, line 8 in L.D.) by inserting after the following: "budget" the following: ', and, beginning July 31, 2018, the percentage rates must be based on the actuarial report required by subsection 12'
Amend the bill in section 2 in subsection 12 in the first line (page 2, line 15 in L.D.) by striking out the following: "May 31" and inserting the following: 'July 31'
 
SUMMARY
This amendment changes the reporting date for the Maine Public Employees Retirement System's actuarial report required in the bill from May 31st of even-numbered years to July 31st, beginning in 2018.
FISCAL NOTE REQUIRED
(See attached)