Maine Statutes
§ 5 §17160 — Minimum level of employer contribution
Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 20 STATE RETIREMENT SYSTEM·Ch. 421 GENERAL PROVISIONS
1.Portion of employer contribution.
Beginning in fiscal year 2002-03 and continuing until the unfunded liabilities of the State Employee and Teacher Retirement Program attributable to state employees and teachers, as defined in the Constitution of Maine, Article IX, Section 18-B, are retired, within the term provided in Section 18-B or within any shorter term provided by statute, the portion of the employer contribution amount devoted to paying the unfunded liabilities of the program attributable to state employees and teachers may not be less than the amount paid for that purpose during the immediately preceding fiscal year.
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Legislative History
PL 2001, c. 707, §1 (NEW). PL 2007, c. 58, §3 (REV). PL 2007, c. 491, §87 (AMD).
Nearby Sections
15
§ 5 §171
Definitions§ 5 §1710-A
Duties of commission§ 5 §1710-B
Contracts§ 5 §1710-C
Meetings§ 5 §1710-D
Staffing§ 5 §1710-F
Duties of committee§ 5 §1710-G
Use of revenue forecasts§ 5 §1710-H
Meetings§ 5 §1710-I
Staffing§ 5 §1710-J
Access to information§ 5 §1710-K
Performance budgeting; definitions§ 5 §1710-M
Duties of commission