Code of Maine Rules
94 - INDEPENDENT AGENCIES
411 - MAINE PUBLIC EMPLOYEES RETIREMENT SYSTEM (MAINEPERS)
Chapter 406 - PAYMENT OR REPAYMENT OF CONTRIBUTIONS AND INTEREST FOR THE PURCHASE OF CREDITABLE SERVICE
Section 411-406-2 - CATEGORIES OF CREDITABLE SERVICE
Current through 2024-38, September 18, 2024
The categories of creditable service are:
1. Back time, which is service with an employer, as a state employee, teacher, or participating local district employee, when the employee was not a member of the System and, therefore, did not make contributions.
2. Refunded contributions from "current employer," which is service with a member's "current employer" when the employee was a member of the System and made contributions that were refunded when the member terminated employment or membership.
3. Refunded contributions from "previous employer" or employers, which is service with a member's previous employer or employers when the employee was a member of the System and made contributions that were refunded when the member terminated employment or membership. If a member has had refunds representing contributions for service with more than one "previous employer", the refund relating to each "previous employer" is a separate category for the purposes of this chapter. A member who is eligible to purchase creditable service under Category 2 ("current employer" refund) must purchase that service before purchasing service under this category.
4. Service in the armed forces, which is service in the armed forces of the United States before becoming a member of the System.
5. Out-of-state service, which is service by a member in another state in a category of employment that is eligible for membership in the public employee or teacher retirement system of that state.
6. Other service, which is several other categories of creditable service available for purchase, all of which require that the cost of purchasing the service is the amount of the actuarial equivalent, at the effective date of the retirement benefit, of the additional benefit attributable to the additional creditable service to be purchased, as follows:
7. Service while receiving Workers' Compensation benefits, which is service during the period in which a member who was employed in a Maine PERS-covered position received Workers' Compensation benefits from which Maine PERS contributions were not deducted.
8. Service in a parochial school or public or private academy.
9. Service for days off without pay that result from employer budgetary actions.
10. Service of a Participating Local District member who is in service when district participation begins.