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F I S C A L I M P A C T R E P O R T





SPONSOR: Taylor, J.G. DATE TYPED: 02/13/00 HB HJM 63
SHORT TITLE: Transfer Sick Leave Benefits SB
ANALYST: Eaton


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
NFI

(Parenthesis ( ) Indicate Expenditure Decreases)



SOURCES OF INFORMATION



Legislative Finance Committee (LFC)



SUMMARY



Synopsis of Bill



Education employees accumulate sick leave benefits. While many use their sick lave as intended, many find themselves without the need of sick leave benefits. Employees do not receive a benefit from conserving their unused sick leave. By allowing the transfer of accumulated sick leave when an employee transfers to other public employment, there may be incentive to conserve sick leave benefits.



This memorial would resolve that the Educational Retirement Board (ERB) and the Legislative Education Study Committee (LESC) to perform a joint study to determine the effects of allowing the transfer of accumulated sick leave benefits upon moving to another position in the public sector. The memorial would request that the ERB and LESC recommend legislation based on the study.



ADMINISTRATIVE IMPLICATIONS



Minimal.



JBE/gm