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| | | An Act Concerning Retirement Benefits for State Employees |
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| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 4 MRSA §1201, sub-§3, as repealed and replaced by PL 1989, c. | | 133, §15, is amended to read: |
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| | | 3. Average final compensation. "Average final compensation" | | means: |
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| | | A. The average annual rate of earnable compensation of a | | member during the 3 years of creditable service as a judge, | | not necessarily consecutive, in which the member's annual | | rate of earnable compensation is highest; or |
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| | | B. The average annualized rate of earnable compensation of | | a member during the entire period of creditable service if | | that period is less than 3 years. |
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| | | If a member took one or more days off without pay during the | | fiscal year beginning July 1, 2002, as authorized by the State | | Court Administrator, and the member elects to make the | | contribution provided for in section 1306, the average final | | compensation must be determined as if the member had not taken | | those days off without pay. |
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| | | Sec. 2. 4 MRSA §1306 is enacted to read: |
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