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D.__The service retirement benefit of a member who is a Maine | State Prison employee to whom subsection 1, paragraph E | applies, and who qualifies for service retirement benefits | under subsection 2, paragraph B, must be computed under | section 17852, subsection 1, paragraph A on the basis of all | of the member's creditable service in the capacity specified | in subsection 1, paragraph E regardless of whether the | creditable service was earned before, on or after July 1, | 1998, except that: |
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| (1)__If the member had 10 years of service on July 1, | 1993, the benefit must be reduced as provided in | section 17852, subsection 10, paragraph C, | subparagraphs (1) and (2); or |
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| (2)__If the member had fewer than 10 years of | creditable service on July 1, 1993, the benefit must be | reduced as provided in section 17852, subsection 10, | paragraph C-1. |
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| | Sec. 5. 5 MRSA §17851-A, sub-§5, as amended by PL 1999, c. 493, §9, is | further amended to read: |
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| | 5. Contributions. Notwithstanding any other provision of | subchapter III, after June 30, 1998, for employees identified in | subsection 1, paragraphs A to H, and after December 31, 1999, for | employees identified in subsection 1, paragraphs I to K and after | July 31, 2000 for employees identified in subsection 1, paragraph | L, a member in the capacities specified in subsection 1 must | contribute to the retirement system or have pick-up contributions | made at the rate of 8.65% of earnable compensation until the | member has completed 25 years of creditable service as provided | in this section and at the rate of 7.65% thereafter. |
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| | This bill provides that an oil and hazardous waste materials | worker in the Department of Environmental Protection qualifies | for a service retirement benefit if that worker is at least 55 | years of age and has completed at least 10 years of creditable | service under the 1998 Special Plan of the Maine State Retirement | System or has completed at least 25 years of creditable service. |
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