Maine Statutes
§ 4 §1251 — Control of funds
The board of trustees is the trustee of the funds created by this chapter and shall administer those funds in the same manner as is provided for the administration of the other program funds of the Maine Public Employees Retirement System in accordance with Title 5, chapter 421, subchapters 3 and 4. The board of trustees may establish separate funds or accounts within a fund, as necessary.
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Legislative History
PL 1983, c. 853, §§C15,18 (NEW). PL 1989, c. 133, §23 (AMD). PL 2007, c. 58, §3 (REV). PL 2007, c. 491, §41 (AMD).
Nearby Sections
15
§ 4 §12
Salary§ 4 §1201
Definitions§ 4 §1202
Name, establishment and purpose§ 4 §1203
Legal process and assignment§ 4 §1204-2
Beneficiaries under disability§ 4 §1205
Internal Revenue Code compliance§ 4 §1231
Board of trustees§ 4 §1232
Executive director§ 4 §1233
Actuary§ 4 §1234
Medical review of disability§ 4 §1235
Administrative procedures§ 4 §1236
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