LD 2041
pg. 1
LD 2041 Title Page An Act to Eliminate Legislative Pensions Page 2 of 9
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LR 2828
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 3 MRSA c. 29, as amended, is repealed.

 
Sec. 2. 5 MRSA §17001, sub-§40, ¶¶A and B, as repealed and replaced by PL
1987, c. 256, §3, are amended to read:

 
A. A judge, as defined in Title 4, section 1201 or 1301,
who is now or later may be entitled to retirement benefits
under Title 4, chapter 27 or 29; or

 
B. A member of the State Police who is now entitled to
retirement benefits under Title 25, chapter 195; or.

 
Sec. 3. 5 MRSA §17001, sub-§40, ¶C, as repealed and replaced by PL
1987, c. 256, §3, is repealed.

 
Sec. 4. 5 MRSA §17851, sub-§1, as amended by PL 1993, c. 410, Pt. L,
§32, is further amended to read:

 
1. Member in service; 10 years of creditable service on July
1, 1993. A member who is in service when reaching 60 years of
age, or is in service after reaching 60 years of age, qualifies
for a service retirement benefit if the member:

 
A. Retires upon or after reaching 60 years of age; and

 
B. Has been in service for a minimum of one year
immediately before retirement or has at least 10 years of
creditable service, which may include creditable service as
a member of the Maine Legislative Retirement System under
former Title 3, section 701, subsection 8, before becoming a
member of the Maine State Retirement System.

 
This subsection applies to members who, on July 1, 1993, have 10
years of creditable service or who have reached 60 years of age
and have been in service for a minimum of one year immediately
before that date. For the purpose of calculating creditable
service under this subsection only, creditable service includes
time during which a member participated in the voluntary cost
savings cost-savings plan or the voluntary employee incentive
program, authorized by Public Law 1989, chapter 702, Part F,
section F-6 6 and Public Law 1991, chapter 591, Part BB and
chapter 780, Part VV, or 10 years of combined creditable service
under this Part and former Title 3, chapter 29, or creditable
service available to a member that the member was eligible to
purchase on June 30, 1993 and that the member does purchase in
accordance with rules adopted by the board.


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