| 122nd MAINE LEGISLATURE | |||||||||
| LD 1054 | LR 1315(01) | ||||||||
| Resolve, Directing the Maine State Retirement System to Amend Its Rules To Clarify That Officers of the State Police Who Reach Retirement Age May Continue Working and Receiving Retirement Benefits | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Sen. Hobbins of York | |||||||||
| Committee: Labor | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Undetermined current biennium savings - General Fund | |||||||||
| Undetermined current biennium savings - Highway Fund | |||||||||
| Minor cost increase - Other Funds | |||||||||
| Fiscal Detail and Notes | |||||||||
| Allowing certain Maine State Police officers to retire and then be rehired is likely to result in savings to the General Fund and to the Highway Fund; the amounts will depend on the number of individuals who choose to take advantage of this provision and can be determined at this time. | |||||||||
| Additional costs to the Maine State Retirement System associated with rulemaking can be absorbed utilizing existing budgeted resources. | |||||||||