8-34-321 - Concord Project. [Effective through June 30, 2014.]
8-34-321. Concord Project. [Effective through June 30, 2014.]
The retirement system is authorized to charge to and pay from the earnings of the funds of the retirement system the cost for implementing the Concord Project, the project being intended to replace existing retirement operating systems and to implement other technology improvements; provided, however, that no cost associated with the ongoing maintenance of the improvements, or the state personnel necessary for maintaining the improvements, shall be funded pursuant to this section. The state treasurer shall report no less than semiannually to the council on pensions and insurance the status and funding requirements of the project. This section shall cease to be effective on June 30, 2014.
[Acts 2007, ch. 184, § 5; 2009, ch. 142, § 11.]