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| | | Resolve, Directing the Advisory Council on Tax-deferred |
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| | | Arrangements To Study Deferred Retirement Option Programs |
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| | | Sec. 1. Advisory Council on Tax-deferred Arrangements to study deferred retirement | | options. Resolved: That the Advisory Council on Tax-deferred | | Arrangements, established by the Maine Revised Statutes, Title 5, | | section 12004-I, subsection 25, shall study whether it is in the | | interest of the State and of employees and retirees who are | | members of the Maine State Retirement System to make available a | | deferred retirement option program as part of the deferred | | compensation programs offered to these employees and retirees; | | and be it further |
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| | | Sec. 2. Report and recommendations. Resolved: That the Advisory Council | | on Tax-deferred Arrangements shall report its findings and | | recommendations, including suggested legislation if appropriate, | | to the Joint Standing Committee on Labor no later than January | | 15, 2006; and be it further |
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| | | Sec. 3. Administrative support. Resolved: That the Department of | | Administrative and Financial Services shall provide | | administrative support for the study under section 1, and any | | costs associated with this study must be absorbed within existing | | budgeted resources; and be it further |
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| | | Sec. 4. Authority to report out legislation. Resolved: That the Joint Standing | | Committee on Labor is authorized to report out legislation concerning the | | study under section 1 to the Second Regular Session of the 122nd | | Legislature. |
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