Program Enhancements and Other Budget Adjustments
Medicare Part D

On January 1, 2006, the federal government began the Medicare Part D program, through which the state will receive money from the federal government to offset state General Fund money spent on retiree health care for Medicare-eligible retirees and their dependants (see 9650 in the Governor's Budget). The California Public Employees' Retirement System administers retiree health care programs, including the Medicare Part D program. Federal reimbursements for Medicare Part D will be deposited into the Special Deposit Fund then transferred to the Contingency Reserve Fund (see 1900 in the Governor's Budget). These funds will be used to offset the state's General Fund costs for retiree health coverage. A portion of the Special Deposit fund is appropriated by the Legislature to the California Public Employees' Retirement System for administration of the Medicare Part D program.
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CHAPTER HIGHLIGHTS for General Government Back to Top

 Major Accomplishments in 2006-07
 Proposed General Government Spending for 2007-08
 Program Enhancements and Other Budget Adjustments
  Public Utilities Commission
  Department of Food and Agriculture
  Fair Political Practices Commission
  Department of Finance
  Military Department
  Department of Veterans Affairs
 image of black pointing arrowMedicare Part D
  State Employee Compensation
  General Fund Unallocated Reductions
  Economic Recovery Bond Pre-Payment
PRINTABLE BUDGET DOCUMENTS Back to Top
Budget Summary - General Government (pdf * - 59K) -
Provides this entire General Government Chapter in pdf format.
ADDITIONAL INFORMATION Back to Top
Proposed Budget Detail - General Government
Displays Proposed Budget Detail information for General Government.