Maine Statutes

§ 5 §17158 — Full funding

Maine § 5 §17158
JurisdictionMaine
Title 5ADMINISTRATIVE PROCEDURES AND SERVICES
Part 20STATE RETIREMENT SYSTEM
Ch. 421GENERAL PROVISIONS

This text of Maine § 5 §17158 (Full funding) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Me. Rev. Stat. tit. 5, § 5 §17158 (2026).

Text

Upon full funding of the accrued unfunded reserves of any program of the Maine Public Employees Retirement System, the board of trustees may reduce employer contributions to the level required to maintain proper funding of earned benefits. The board of trustees may also seek legislative action to reduce employee contributions or pick-up contributions established by this Part.

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Legislative History

PL 1985, c. 801, §§5,7 (NEW). PL 1987, c. 739, §§6,48 (AMD). PL 2007, c. 58, §3 (REV). PL 2007, c. 491, §86 (AMD).

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Bluebook (online)
Maine § 5 §17158, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/5%20%C2%A717158.