LD 1197
pg. 2
Page 1 of 2 An Act to Amend the Limits on Earnable Compensation for State Employee Retireme... LD 1197 Title Page
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LR 2337
Item 1

 
SUMMARY

 
This bill increases the cap on increases in earnable
compensation for purposes of determining average final
compensation under the Maine State Retirement System law from 10%
over the 3 highest years of earnings to 15% over the 3 highest
years of earnings. The annual cap of 5% remains in place.


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