This bill appropriates funds for the retirement and investment office for the biennium from July 1, 2025, to June 30, 2027. The total special funds allocated amount to $16,522,594, which includes base level enhancements for salaries and wages, operating expenses, and contingencies. Notably, the bill introduces a new line item for "Base Level Enhancements Appropriation" and allocates $200,000 for contingencies. Additionally, it establishes a new and vacant FTE pool with a budget of $470,466, increasing the total full-time equivalent positions to 35.

Furthermore, the bill outlines one-time funding items that are not included in the base budget for the 2027-29 biennium, specifically $250,000 for information technology consulting. The retirement and investment office is restricted from spending funds from the new and vacant FTE pool but may request a transfer of these funds to the salaries and wages line item, subject to approval by the office of management and budget. This structure aims to ensure proper financial management and reporting to the appropriations committees of the seventieth legislative assembly.