123rd MAINE LEGISLATURE
		LD 827		LR 403(01)
	An Act To Allow Certain Special Education Teachers To Acquire Time from the Maine State Retirement System
	Fiscal Note for Original Bill
	Sponsor: Rep. Driscoll of Westbrook
	Committee: Labor
	Fiscal Note Required: Yes
Fiscal Note
Potential current biennium cost increase - General Fund
Fiscal Detail and Notes
	This legislation would allow teachers to receive service credit in the Maine State Retirement System for time in which work was performed as a teacher of a child with a disability prior to July 1, 1976 in a non-public school system.  The bill does not address how the costs associated with the additional service credit are to be paid.  If members affected by this provision are not required to purchase this service credit or are permitted to do so at a cost other than the full actuarial cost, an unfunded liability will be created.  Since the Constitution of Maine prohibits the creation of an unfunded liability, a General Fund appropriation will be required in fiscal year 2007-08 to fund the cost of this provision.  The amount can not be determined at this time.