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annuities in effect at the date of retirement are used for this | purpose. |
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| This subsection applies to members who, on July 1, 1993, have 10 | years of creditable service. |
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| | 2-A. Early retirement; less than 10 years creditable service | on July 1, 1993. Any member whether or not in service at | retirement who on July 1, 1993 had less than 10 years of | creditable service and who has completed at least 25 years of | creditable service may retire any time before the member's 62nd | birthday. Creditable service as a member of the Maine State | Retirement System after service may be combined with creditable | service as a member of the Maine Legislative Retirement System is | used in for the purpose of determining the completion of 25 years | of creditable service. The retirement allowance is determined in | accordance with section 852, except that it is reduced by 6% for | each year that the member's age precedes age 62. The tables of | annuities in effect at the date of retirement are used for this | purpose. |
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| This subsection applies to members who, on July 1, 1993, do not | have 10 years of creditable service. |
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| | Sec. 4. 3 MRSA §851, sub-§2-B is enacted to read: |
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| | 2-B.__Five-year minimum creditable service requirement for | eligibility to receive a service retirement benefit at applicable | age; applicability.__The minimum requirement of 5 years of | creditable service for eligibility to receive service retirement | benefits under subsection 1-C applies only to: |
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| A.__A member who was in service on October 1, 1999; |
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| B.__Upon return to service, a member who had left service | prior to October 1, 1999 with or without withdrawing that | member's contributions and who on or after October 1, 1999 | returned to service; or |
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| C.__A member who was first in service on or after October 1, | 1999. |
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| For those members to whom the 5-year minimum creditable service | requirement does not apply, the 10-year minimum creditable | service requirement for eligibility to receive service retirement | benefits remains in effect on and after October 1, 1999. |
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| | Sec. 5. 4 MRSA §1351, sub-§1, as amended by PL 1993, c. 410, Pt. L, | §5, is further amended to read: |
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