APPROPRIATIONS – PERSI – Relates to the appropriation to the Public Employee Retirement System for fiscal year 2026.

This bill appropriates $3.64 million from state funds to the Public Employee Retirement System (PERS) for fiscal year 2026 (July 2025-June 2026). It specifically allocates $3 million for retirement administration operations and $615,600 for capital expenses, plus $25,400 for portfolio investments. The funding supports the system’s day-to-day management and investment activities, directly affecting Idaho state employees covered by PERS. The bill became effective July 1, 2025, after being signed into law.