LD 456
pg. 1
LD 456 Title Page Resolve, Directing the Department of Administrative and Financial Services to E... LD 456 Title Page
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LR 891
Item 1

 
Sec. 1. Examination of cost savings resulting from early retirement. Resolved: That
the Commissioner of Administrative and Financial Services,
with the participation and assistance of the Maine State
Retirement System, shall conduct a thorough examination of the
potential cost savings that might result from offering state
employees the option of an early retirement. The commissioner
shall compile the results of the review and shall present the
findings, along with any necessary implementing language, to
the Joint Standing Committee on Appropriations and Financial
Affairs no later than November 15, 2003. Following receipt
and review of the report, the joint standing committee may
report out legislation related to the report to the Second
Regular Session of the 121st Legislature.

 
SUMMARY

 
This resolve directs the Commissioner of Administrative and
Financial Services, with the assistance of the Maine State
Retirement System, to examine the potential cost savings of
offering state employees early retirement.


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