LD 831
pg. 1
LD 831 Title Page An Act Pertaining to Former Members of the Maine State Retirement System LD 831 Title Page
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LR 1482
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 5 MRSA §18203, sub-§4 is enacted to read:

 
4.__Election to allow purchase of military service credits.__
After withdrawing from the retirement system, a participating
local district may elect to permit participants in the plan as
of the date of the election to purchase military service
credits pursuant to sections 18311 and 18360.

 
SUMMARY

 
This bill allows a municipality or other participating local
district that has withdrawn from the Maine State Retirement
System to elect to permit participants to purchase military
service credits.


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