LD 1501
pg. 18
Page 17 of 20 PUBLIC Law Chapter 387 Page 19 of 20
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LR 1943
Item 1

 
*Sec. 5. Status of employees who have retired and returned to covered employment
under the Maine State Retirement System; choice to retire rather than continue to work.
Notwithstanding the Maine Revised Statutes, Title 5, section
17651 and section 17652, recipients of a service retirement
benefit from the Maine State Retirement System who have returned
to covered employment under the retirement system in a position
that would otherwise be covered by the retirement plan for state
employees and teachers may not contribute to rejoin the
retirement system, do not earn creditable service for their
employment after retirement and do not earn any additional
retirement benefits as a result of that employment. By retiring
from a position covered under the retirement system, an employee
exercises that employee's choice between continuing to work and
thereby continuing to accrue retirement service credit and,
potentially, an increased earnable compensation, and retiring,
with both service credit and earnable compensation thereby
becoming fixed.__The employee's retirement constitutes the
employee's knowing and voluntary waiver of any claim of any
nature under federal or state law with respect to retirement
system service credit or earnable compensation related to return
to employment after retirement. They Recipients of a service
retirement benefit from the retirement system may participate in
other retirement options available to similar employees,
including the state program of tax-deferred arrangements under
Title 5, chapter 67, at the discretion of their employer. For
purposes of participation in the state employee health insurance
program pursuant to the Maine Revised Statutes, Title 5, section
285 or in dental health insurance coverage offered by the State,
recipients of a service retirement benefit under the Maine State
Retirement System who are retired state employees and who are
reemployed as state employees must be treated as retirees under
section 285, subsection 1-A for purposes of eligibility for
coverage under the group plan. A recipient of a service
retirement benefit under the Maine State Retirement System who is
a retired teacher and who returns to work as a teacher under this
Act is eligible for coverage under the group health insurance
plan for active teachers in the school administrative unit in
which newly employed. For purposes of participation in the group
accident and sickness or health insurance for retired teachers
pursuant to Title 20-A, section 13451, a recipient of a service
retirement benefit under the Maine State Retirement System who is
a retired teacher who returns to work under this Act is eligible
upon ceasing work to return to coverage under the group health
insurance plan in effect for active teachers in the school unit
from which the teacher originally retired, including state
payment of a percentage of the premium cost under section 13451.


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