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JFAC approves multi‑year PERSI pension software upgrade, plus reduced board travel request

3453078 · February 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Public Employee Retirement System of Idaho (PERSI) received committee approval for a one‑time software upgrade payment (year four of five) and smaller board travel funding; the governor had recommended part of the package.

The Joint Finance‑Appropriations Committee approved a PERSI enhancement package on Feb. 28 that includes a one‑time software upgrade payment and reduced board travel costs.

Frances Lippett, budget and policy analyst with the Legislative Services Office, told members…

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