| This bill amends the laws concerning optional membership for |
participating local districts in the Maine State Retirement |
System to parallel changes made for state employees in the system |
in Public Law 2003, chapter 261. This bill allows service credit |
to be purchased for the period during which an individual in the |
service of a participating local district opted not to be a |
member of the Maine State Retirement System if that individual |
rejoins the system. The bill also provides that when an employee |
in the service of a participating local district who terminated |
membership in the Maine State Retirement System subsequently |
rejoins, that employee may repay those withdrawn contributions |
plus interest immediately upon restoration of service. |