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128th MAINE LEGISLATURE |
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LD 929 |
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LR 333(01) |
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An Act Regarding
the State Retirement System |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Daughtry of Brunswick |
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Committee: Appropriations and Financial Affairs |
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Fiscal Note Required: No |
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| Preliminary
Fiscal Impact Statement |
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| No net fiscal impact to State Retirement System |
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| Fiscal Detail
and Notes |
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Amending the
definition of "earnable compensation" under the laws governing the
State Retirement System to change how retrospective payments for compensation
earned by employees are to be included in the calculation of earnable
compensation may benefit some members, while others will be disadvantaged.
There will be no net fiscal impact on the System. |
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