This bill proposes an appropriation for the public employees retirement system in North Dakota for the biennium from July 1, 2025, to June 30, 2027. The total amount appropriated from special funds is $10,898,654, which includes allocations for salaries and wages amounting to $8,232,492, operating expenses of $2,416,162, and contingencies of $250,000. The bill maintains the full-time equivalent positions at 40.50, ensuring that the staffing levels remain consistent with current operations.

Notably, the bill introduces new legal language, specifically the term "Base Level Enhancements Appropriation," which is included in the adjustments section. Additionally, it specifies a contingency fund of $250,000, which is a new insertion in the appropriations. Overall, the bill aims to ensure the financial stability and operational capacity of the public employees retirement system during the specified biennium.