Maine § 5 §173 Duties of board; requirements of program

Maine Statutes

§ 5 §173 — Duties of board; requirements of program

Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 1 STATE DEPARTMENTS·Ch. 7-A MAINE RETIREMENT SAVINGS BOARD

1.Duties. In carrying out the purposes of this chapter, the board shall:

2.Required elements of program. In accordance with the implementation schedule set forth in subsection 3, the program must:

3.Implementation. The board may implement the program in stages, which may include a pilot program and phasing in the program based on the size of employers, or other factors. A covered employer shall offer the program to its covered employees no later than December 31, 2024.

4.Penalties. The board shall establish and enforce penalties in accordance with this subsection.

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1.
Duties.
In carrying out the purposes of this chapter, the board shall:
2.
Required elements of program.
In accordance with the implementation schedule set forth in subsection 3, the program must:
3.
Implementation.
The board may implement the program in stages, which may include a pilot program and phasing in the program based on the size of employers, or other factors. A covered employer shall offer the program to its covered employees no later than December 31, 2024.
4.
Penalties.
The board shall establish and enforce penalties in accordance with this subsection.

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