[Vision2020] Re: PERSI REPORT

[Mark Solomon]

Mr. Trail is listed as one of the two House sponsors of the PERSI 
enhancement legislation. He was also absent and excused from his seat 
for the three weeks of that session (for medical reasons) in which 
the PERSI bill was heard and acted upon.

Mark Solomon

>Visionaries:
>
>In 2000 I was the House Sponsor of the PERSI Retirement Enhancement bill.
>This increased retirement benefits for state employees, teachers, law
>enforcement, city and county workers, university faculty and staff 
>and fire fighters by 4.33% whenthey retired.  Eligible employees and 
>retirees also qualified for a capital gains sharing program.
>
>Alan Winkle, PERSI Director, reports that 6,744 employees who retired since
>July 1, 2000 have received over $259,646,550 in retirement benefits with the
>enhancement accounting for $10,776,090.
>
>Capital gains sharing program paid out $58,958,815 to 52,962 member's 401 (k)
>accounts, and retirees received $18,595,719.  This legislation has benefitted
>a significant number of Idaho citizens.
>
>Rep. Tom Trail
>--
>Dr. Tom Trail
>International Trails
>1375 Mt. View Rd.
>Moscow, Id. 83843
>Tel:  (208) 882-6077
>Fax:  (208) 882-0896
>e mail ttrail at moscow.com