Relates to the appropriation to the Endowment Fund Investment Board for fiscal year 2020.

This is the FY 2020 original appropriation bill for the Endowment Fund Investment Board. It appropriates a total of $745,500 and caps the number of authorized full-time equivalent positions at 4.00. For benefit costs, the bill maintains the current appropriated amount for health insurance at $11,650 per eligible FTP; provides a 5.5% increase for the employer's share of PERSI contributions; and temporarily reduces the rate agencies pay the Division of Human Resources for its services. Funding for replacement items includes $2,000 for a replacement chair and computer. For statewide cost allocation, $1,400 is provided. The bill also provides funding for the equivalent of a 3% change in employee compensation for permanent employees, with a minimum increase of $550 for each employee and the remaining amount to be distributed based on merit. Fundingfora3%upwardshiftinthecompensationscheduleisalsoincluded. Thebillfundsthreelineitems, which provide: $300 for GOV TECH 1 Core Network Equipment Replacement; $1,900 for GOV TECH 2 Mobile Device Security; and $2,900 for GOV TECH 4 Department of Administration Billings. The bill authorizes a continuous appropriation for consulting fees, bank custodial fees, and portfolio-related external costs. It contains language recognizing the amount the State Land Board has approved for transfer into the income funds in FY 2020 and available for appropriation to the beneficiaries.