Lee asks about $44 million cost breakdown for income limit increase
Lee asks about the $44 million estimated cost of raising SCRIE/DRIE income limits over FY27-30, and Shear confirms the estimate hasn't changed since the state budget, with 82% ($36 million) attributable to SCRIE and 18% ($8 million) to DRIE.
And just lastly, the February 2026 financial plan, it estimated the cost of raising the screedry income limit at $44 million over FY's 2027 through 2030.
And the June plan added a separate ski-hee-dee-hee line.
What part of the $44 million is attributable to scree and what part to dree?
And has the estimate been revised since the state budget was enacted in May 2026?
Because I know some of those numbers changed maybe.
The numbers have not changed.
So it hasn't changed since the state budget?
Correct.
Okay.
It hasn't changed since the state budget.
It's still $44 million.
About 82% of the total cost, $36 million, is attributable to SCRI, and the remaining 18%, $8 million, is attributable to DRI.
Okay.
And as you indicated, right, that's over a period of several years.
Several years, yep.
Okay.
I'm going to pause there for now.
Oh, actually, sorry.
Yeah, I'm going to pause there.
Okay.
Go ahead.