HP1082, LD 1480, item 2, Document Text

Amend the bill by striking out everything after the enacting clause and inserting the following:

‘Sec. 1. 5 MRSA §17851-A, sub-§1, ¶K, as amended by PL 2001, c. 409, §1, is further amended to read:

K. The State Fire Marshal or a state fire marshal investigator or state fire marshal inspector in the employment of the Department of Public Safety on January 1, 2000 or hired thereafter or, until June 30, 2020, a state fire marshal investigator in the employment of the Department of Public Safety on January 1, 2000 or hired thereafter; and

Sec. 2. 5 MRSA §17851-B is enacted to read:

§ 17851-B. Special plan for fire marshal investigators and fire marshal sergeants

1. Establishment and applicability. Effective July 1, 2020, there is established a special retirement plan for fire marshal investigators and fire marshal sergeants, referred to in this section as "the special plan." The special plan applies to a state fire marshal investigator, state fire marshal senior investigator and state fire marshal sergeant.

2. Qualification for benefits. A member employed in any of the positions specified in subsection 1 qualifies for a service retirement benefit after completing 20 years of creditable service in that capacity, whether or not the creditable service included in determining that the 20-year requirement has been met was earned under the special plan established in this section or prior to its establishment.

3. Purchase of service credit to be used for qualification for benefits. This subsection governs the use of purchased service credit in order to qualify for benefits under this section. For the purpose of meeting the qualification requirement of subsection 2:

A. Service credit purchased by repayment of an earlier refund of accumulated contributions following termination of service is included if the time to which the refund relates was served in any one or a combination of the positions specified in subsection 1, regardless of whether the time was served before or after the establishment of the special plan; and

B. Service credit purchased other than as provided under paragraph A is not included.

4. Computation of benefits. The amount of the service retirement benefit for members qualified under subsection 2 is 1/2 of the person's average final compensation and an additional 2% of the person's average final compensation for each year of membership service not included in determining qualification under subsection 2.

5. Contributions. Notwithstanding any other provision of subchapter 3, after June 30, 2020, a member in a position specified in subsection 1 shall contribute to the State Employee and Teacher Retirement Program or have pick-up contributions made at the rate of 8.65% of earnable compensation until the member has completed 20 years of creditable service as provided in this section and at the rate of 7.65% thereafter.

Sec. 3. Appropriations and allocations. The following appropriations and allocations are made.

PUBLIC SAFETY, DEPARTMENT OF

Fire Marshal - Office of 0327

Initiative: Provides funding for the increase in employer retirement contributions as a result of establishing a new special retirement plan for state fire marshal investigators, state fire marshal senior investigators and state fire marshal sergeants within the Office of the Fire Marshal.

GENERAL FUND 2019-20 2020-21

Personal Services
$6,520 $6,652

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GENERAL FUND TOTAL $6,520 $6,652

Fire Marshal - Office of 0327

Initiative: Allocates funds for the increase in employer retirement contributions due to certain employees of the Office of the Fire Marshal moving from the 1998 Special Plan to a newly created "20 year and out" plan.

OTHER SPECIAL REVENUE FUNDS 2019-20 2020-21

Personal Services
$50,858 $51,453

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OTHER SPECIAL REVENUE FUNDS TOTAL $50,858 $51,453

PUBLIC SAFETY, DEPARTMENT OF

DEPARTMENT TOTALS 2019-20 2020-21

GENERAL FUND
$6,520 $6,652

OTHER SPECIAL REVENUE FUNDS
$50,858 $51,453

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DEPARTMENT TOTAL - ALL FUNDS $57,378 $58,105

RETIREMENT SYSTEM, MAINE PUBLIC EMPLOYEES

Retirement System - Retirement Allowance Fund 0085

Initiative: Provides one-time funding for the unfunded actuarial liability created as a result of establishing a new special retirement plan for state fire marshal investigators, state fire marshal senior investigators and state fire marshal sergeants within the Office of the Fire Marshal.

GENERAL FUND 2019-20 2020-21

All Other
$125,001 $0

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GENERAL FUND TOTAL $125,001 $0

Retirement System - Retirement Allowance Fund 0085

Initiative: Allocates one-time funding for the unfunded actuarial liability created as a result of establishing a new special retirement plan for state fire marshal investigators, state fire marshal senior investigators and state fire marshal sergeants within the Office of the Fire Marshal.

OTHER SPECIAL REVENUE FUNDS 2019-20 2020-21

All Other
$974,999 $0

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OTHER SPECIAL REVENUE FUNDS TOTAL $974,999 $0

RETIREMENT SYSTEM, MAINE PUBLIC EMPLOYEES

DEPARTMENT TOTALS 2019-20 2020-21

GENERAL FUND
$125,001 $0

OTHER SPECIAL REVENUE FUNDS
$974,999 $0

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DEPARTMENT TOTAL - ALL FUNDS $1,100,000 $0

SECTION TOTALS 2019-20 2020-21

GENERAL FUND
$131,521 $6,652

OTHER SPECIAL REVENUE FUNDS
$1,025,857 $51,453

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SECTION TOTAL - ALL FUNDS $1,157,378 $58,105

’

Amend the bill by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively.

summary

This amendment is the majority report of the committee and replaces the bill. The amendment changes the eligibility requirements for the retirement of a state fire marshal investigator, state fire marshal senior investigator and state fire marshal sergeant under the Maine Public Employees Retirement System from 55 years of age and 25 years of creditable service to 20 years of creditable service. The amendment establishes a special retirement plan for a state fire marshal investigator, state fire marshal senior investigator and state fire marshal sergeant based on 20 years of creditable service.

The amendment also adds an appropriations and allocations section to provide the funding.

FISCAL NOTE REQUIRED

(See attached)

HP1082 LD 1480	Session - 129th Maine Legislature C "A", Filing Number H-568, Sponsored by		LR 1148 Item 2
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GENERAL FUND	2019-20	2020-21
Personal Services	$6,520	$6,652

GENERAL FUND TOTAL	$6,520	$6,652

OTHER SPECIAL REVENUE FUNDS	2019-20	2020-21
Personal Services	$50,858	$51,453

OTHER SPECIAL REVENUE FUNDS TOTAL	$50,858	$51,453

PUBLIC SAFETY, DEPARTMENT OF
DEPARTMENT TOTALS	2019-20	2020-21

GENERAL FUND	$6,520	$6,652
OTHER SPECIAL REVENUE FUNDS	$50,858	$51,453

DEPARTMENT TOTAL - ALL FUNDS	$57,378	$58,105

SECTION TOTALS	2019-20	2020-21

GENERAL FUND	$131,521	$6,652
OTHER SPECIAL REVENUE FUNDS	$1,025,857	$51,453

SECTION TOTAL - ALL FUNDS	$1,157,378	$58,105