Code of Maine Rules
94 - INDEPENDENT AGENCIES
411 - MAINE PUBLIC EMPLOYEES RETIREMENT SYSTEM (MAINEPERS)
Chapter 803 - PARTICIPATING LOCAL DISTRICT CONSOLIDATED RETIREMENT PLAN
- Section 411-803-1 - DEFINITIONS
- Section 411-803-2 - LOCAL DISTRICT PARTICIPATION
- Section 411-803-3 - MEMBERSHIP
- Section 411-803-4 - PORTABILITY OF SERVICE CREDITS; ELIGIBILITY TO RETIRE, COMPUTATION OF BENEFIT
- Section 411-803-5 - CONTRIBUTIONS
- Section 411-803-6 - CREDITABLE SERVICE
- Section 411-803-7 - REGULAR SERVICE RETIREMENT BENEFIT PLANS
- Section 411-803-8 - SPECIAL SERVICE RETIREMENT BENEFIT PLANS
- Section 411-803-9 - COST OF LIVING ADJUSTMENTS; CONTRIBUTION CAPS
- Section 411-803-10 - DISABILITY BENEFITS
- Section 411-803-11 - ORDINARY DEATH BENEFITS
- Section 411-803-12 - ACCIDENTAL DEATH BENEFITS
- Section 411-803-13 - DEFINED CONTRIBUTION/DEFERRED COMPENSATION PLANS
- Section 411-803-14 - RETIRING AND RETURNING TO WORK
- Section 411-803-15 - TRANSITION
SUMMARY: This chapter establishes a consolidated retirement plan, as required by 5 M.R.S. §18801et seq. for local districts that are participating local districts under 5 M.R.S., Chapter 425 before the date the plan is put into operation and for local districts that enter into agreements for the participation of their employees in the Maine Public Employees Retirement System after The Plan is put into operation.
NOTE: 5 M.R.S., Chapter 421, General Provisions, is applicable to all activities relating to the Maine Public Employees Retirement System, including the subject matter of this chapter of the rules of the Board of Trustees ("Board"). 5 M.R.S., Chapter 427, Participating Local Districts Consolidated Plan, is the statute from which this chapter of the rules of the Board derives its authority and is applicable to all activity based upon this chapter.
STATUTORY AUTHORITY: 5 M.R.S. §§17103(4) , 18200 et seq., 18801 et seq.
The amended version of this chapter by filing 2024-011, eff. 1/22/2024 is not yet available.
