HOUSE BILL NO. 929
AN ACT MAKING SUPPLEMENTARY APPROPRIATION TO THE STATE TREASURER FOR THE PURPOSE OF PAYING A PRIOR YEAR'S OBLIGATION.
WHEREAS, former Governor Tribbitt instructed the Board of Pension Trustees to conduct a study of all county and municipal pension plans in the State of Delaware, and State Police, and Judiciary Pension Plans; and
WHEREAS, the Board of Pension Trustees commissioned the Martin E. Segal Company to conduct this study;and
WHEREAS, former Governor Tribbitt advised the Board of Pension Trustees that the payment for this study would be made from the Governor's Contingency Fund; and
WHEREAS, the funds are not currently available to pay the Martin E. Segal Company from the Governor's Contingency Fund; and
WHEREAS, the Martin E. Segal Company completed this study on June 13, 1977, and to date have not been paid for their services.
BE IT ENACTED BY THE GENEAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. The sum of $15,500 is hereby appropriated to the State Treasurer for the purpose of paying a prior year's obligation for services rendered.
Section 2. The sum appropriated supplemental appropriation and shall out of the General Fund of the State appropriated. herein shall be considered a be paid by the State Treasurer of Delaware not otherwise appropriated.
Section 3. Any funds remaining unexpended or unencumbered as of June 30, 1978, shall revert to the General Fund of the State of Delaware.
Approved June 30, 1978.