This bill provides an appropriation for the public employees retirement system in North Dakota for the biennium from July 1, 2025, to June 30, 2027. It allocates a total of $14,054,162 from special funds, which includes base level enhancements for salaries and wages, operating expenses, and contingencies. Specifically, the bill outlines appropriations for salaries and wages amounting to $9,922,082, new and vacant full-time equivalent (FTE) positions totaling $607,917, and operating expenses of $3,274,163. Additionally, it includes a contingency fund of $250,000 and establishes a total of 42.50 FTE positions.

Furthermore, the bill introduces a one-time funding item of $539,595 for automating the PERSLink business system, which is not part of the base budget for the 2027-29 biennium. The public employees retirement system is restricted from spending funds from the new and vacant FTE pool unless a transfer request is made to the office of management and budget to reallocate those funds to the salaries and wages line item. This structure aims to ensure proper management and reporting of the appropriated funds to the legislative assembly.