Page:1955 North Dakota Session Laws.pdf/19

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APPROPRIATIONS
CHAPTER 16
11

CHAPTER 16

H. B. No. 533
(Committee on Appropriations)


TEACHERS' INSURANCE AND RETIREMENT FUND

AN ACT

Making an appropriation for the purpose of operating and maintaining the teachers' insurance and retirement fund.
Be It Enacted by the Legislative Assembly of the State of North Dakota:

§ 1. Appropriation.) There is hereby appropriated out of any moneys in the state treasury in the teachers' insurance and retirement fund, the sum of $55,000.00 for the purpose of operating and maintaining the teachers' insurance and retirement fund, for the biennium beginning July 1, 1955 and ending June 30, 1957, to-wit:

Salary, executive director $ 9,000.00
Clerkhire 25,000.00
Postage, supplies, printing, furniture and fixtures 7,500.00
Miscellaneous 1,500.00
Travel expense 2,500.00
Audit 2,000.00
Actuary 3,000.00
Rent and maintenance 4,000.00
Old age and survivor insurance system—social security 500.00

Total $ 55,000.00

Approved February 28, 1955.