Maine § 5 §17760 Service in the armed forces

Maine Statutes

§ 5 §17760 — Service in the armed forces

Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 20 STATE RETIREMENT SYSTEM·Ch. 423 STATE EMPLOYEES AND TEACHERS

Service credit for service in the United States Armed Forces is governed as follows.

1.Service after becoming a member. A member is entitled to service credit for the period of time during which the member's membership is continued under section 17655, subsection 1, under the following terms and conditions. Except as provided in paragraph B, service credit under this subsection is limited to 5 years.

2.Service before becoming a member.

3.Service before becoming member. A member who served as a full-time active duty member of the United States Armed Forces before becoming a member and who separated from the armed forces under conditions other than dishonorable is entitled under this subsection to purchase service credit for the period of time that the member served in the armed forces by

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Service credit for service in the United States Armed Forces is governed as follows.
1.
Service after becoming a member.
A member is entitled to service credit for the period of time during which the member's membership is continued under section 17655, subsection 1, under the following terms and conditions. Except as provided in paragraph B, service credit under this subsection is limited to 5 years.
2.
Service before becoming a member.
3.
Service before becoming member.
A member who served as a full-time active duty member of the United States Armed Forces before becoming a member and who separated from the armed forces under conditions other than dishonorable is entitled under this subsection to purchase service credit for the period of time that the member served in the armed forces by complying with the terms and conditions of this subsection and the applicable provisions of subsection 4 or 5. Service credit under this subsection is limited to 4 years.
4.
Members qualified for credit at subsidized cost.
A member qualified under subsection 3 to purchase service credit at the cost set forth in this subsection is entitled to service credit upon payment of back contributions under section 17713, subsection 2. Upon complete payment of back contributions, the member must be granted service credit for the period of time for which payment is made. Upon making partial payment, the member must be granted service credit on a pro rata basis in accordance with rules adopted by the board.
5.
Members qualified for credit at actuarial cost.
A member qualified under subsection 3 to purchase service credit at the cost set forth in this subsection is entitled to service credit if the member pays into the Members' Contribution Fund an amount that, together with regular interest on that amount, is the actuarial equivalent, at the effective date of the retirement benefit, of the portion of the retirement benefit based on the additional creditable service.
6.
Cost subsidy for certain award recipients; annual report.
A recipient of an award described in subsection 3, paragraph A, subparagraph (3) may purchase service credit at a subsidized cost under subsection 4 only if the retirement system has received an appropriation of the difference between the actuarial cost of that member's service credit and the amount to be paid by the member under subsection 4.

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Legislative History

PL 1985, c. 801, §§5,7 (NEW). PL 1989, c. 95, §8 (AMD). PL 1989, c. 907, §3 (AMD). PL 1991, c. 479, §§2,3 (AMD). PL 2001, c. 114, §§1-3 (AMD). PL 2003, c. 387, §§2,3 (AMD). PL 2003, c. 693, §3 (AMD). PL 2007, c. 491, §137 (AMD). PL 2017, c. 88, §21 (AMD). PL 2021, c. 548, §20 (AMD).