LD 2041
pg. 2
Page 1 of 9 An Act to Eliminate Legislative Pensions Page 3 of 9
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LR 2828
Item 1

 
Sec. 5. 5 MRSA §17851, sub-§1-A, ¶B, as enacted by PL 1991, c. 591, Pt.
EEE, §6 and affected by §18, is amended to read:

 
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.

 
Sec. 6. 5 MRSA §17851, sub-§2, as amended by PL 1993, c. 410, Pt. L,
§34, is further amended to read:

 
2. Member not in service; 10 years of creditable service on
July 1, 1993. A member who is not in service when 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 at least 10 years of creditable service or 5 full
terms as a Legislator, 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. 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 plan or the voluntary employee incentive program,
authorized by Public Law 1989, chapter 702, section F-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.

 
Sec. 7. 5 MRSA §17851, sub-§2-A, ¶B, as enacted by PL 1991, c. 591, Pt.
EEE, §8 and affected by §18, is amended to read:

 
B. Has at least 10 years of creditable service or 5 full
terms as a Legislator, 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.

 
Sec. 8. 5 MRSA §17851, sub-§3, as repealed and replaced by PL 1987, c.
256, §14, is amended to read:


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