| | | Be it enacted by the People of the State of Maine as follows: |
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| | | This bill is a concept draft pursuant to Joint Rule 208. |
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| | | This bill proposes to amend the current law to: |
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| | | 1. Reestablish the reserve fund for the retired teachers' | | health insurance program; |
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| | | 2. Include state and local school administrative unit | | contributions for the teacher retirement program as a cost | | component of the essential programs and services funding model in | | the Maine Revised Statutes, Title 20-A, chapter 606-B; and |
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| | | 3. Amend the funding mechanisms for the retired teachers' | | health insurance program and the teacher retirement program by | | requiring that local school administrative units will fully fund | | these program costs and by including these local costs as part of | | the total costs recognized by the essential programs and services | | funding model in the Maine Revised Statutes, Title 20-A, chapter | | 606-B. |
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