CHAPTER 387

S.P. 501 - L.D. 1501

An Act To Amend the Laws Relating to the Maine State

Retirement System

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

Sec. 1. 4 MRSA §1201, sub-§7, as enacted by PL 1983, c. 853, Pt. C, §§15 and 18, is amended to read:

7. Consumer Price Index. "Consumer Price Index" means the Consumer Price Index for All Urban Wage Earners and Clerical Workers: United States City Average, All items, 1967=100 Consumers, CPI-U, as compiled by the United States Department of Labor, Bureau of Labor Statistics; or, if the index is revised or superseded, the board shall employ the Consumer Price Index shall be the index represented compiled by the Bureau of Labor Statistics as reflecting most accurately, United States Department of Labor that the board of trustees finds to be most reflective of changes in the purchasing power of the dollar by for the broadest population of consumers, including retired consumers.

Sec. 2. 5 MRSA §17760, first ¶, as amended by PL 1991, c. 479, §2, is further amended to read:

Service credit for service in the United States Armed Forces is governed as follows. Except as provided in subsection 1, paragraph B, subparagraph (1), service credit under this section is limited to 4 5 years.

Sec. 3. 5 MRSA §17760, sub-§1, as enacted by PL 1985, c. 801, §§5 and 7, is amended to read: