‘ D. At the same normal retirement cost contribution rate of the employer and employee as is required for the position if the position were filled by an employee who is not a retired state employee or retired teacher.’
| HP0970 LD 1396 |
Session - 128th Maine Legislature C "B", Filing Number H-523, Sponsored by
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LR 895 Item 3 |
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| Bill Tracking, Additional Documents | Chamber Status | ||
Amend the bill in section 1 in §17859 in subsection 1-A in paragraph A in the last line (page 1, line 22 in L.D.) by inserting after the following: " years;" the following: ' and'
Amend the bill in section 1 in §17859 in subsection 1-A by striking out all of paragraphs D and E (page 1, lines 29 and 33 in L.D.) and inserting the following:
Amend the bill in section 1 in §17859 in subsection 1-A in the 2nd blocked paragraph from the end in the last 5 lines (page 2, lines 1 to 5 in L.D.) by striking out all of the last underlined sentence.
SUMMARY
This amendment is the minority report of the committee. The amendment clarifies that a retired state employee or retired teacher who returns to service as a classroom-based employee or school administrator is entitled to the same normal retirement cost contributions that the employer and the employee are required to provide to the Maine Public Employees Retirement System that would be required for the position if the position were filled by an employee who is not a retired state employee or retired teacher.