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129th MAINE LEGISLATURE |
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LD 1400 |
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LR 1149(03) |
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An Act To Improve
Recruitment and Retention in State Law Enforcement by Offering Retirement
Service Credit |
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Fiscal Note for
Bill as Engrossed with:
C "A" (H-495) |
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Committee: Labor and Housing |
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| Fiscal Note |
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| No state fiscal impact - Cost borne by member |
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| Fiscal Detail
and Notes |
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Allowing a member
of the State Employee and Teacher Retirement Program or the Participating
Local District Retirement Program to purchase up to 4 years of service credit
for time served as a full-time law enforcement officer prior to membership at
the full actuarial cost if the member meets certain conditions will not
increase costs to the State or participating local districts. The cost will be borne fully by the member. |
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