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Governor and are subject to review by the joint standing committee | | of the Legislature having jurisdiction over retirement matters and | | to confirmation by the Legislature. A member who is elected or | | appointed may serve in the position of trustee from the date of | | election or appointment unless the Legislature rejects the | | confirmation. |
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| | | Each trustee subject to paragraphs B to E must have a working | | knowledge of retirement policy and legal issues and a general | | knowledge and understanding of banking, finance and investment | | practices. |
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| | | This bill adds one member to the Board of Trustees of the | | Maine State Retirement System, who must be selected from a list | | of 3 nominees submitted by the Maine Association of Retirees. |
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