Maine § 5 §17763 Teachers in private, parochial and other schools

Maine Statutes

§ 5 §17763 — Teachers in private, parochial and other schools

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

1.Parochial school or public or private academy. A member who taught in a parochial school or in a public or private academy may purchase up to 10 years of service credit for that service under the following conditions.

2.Other schools and programs.

3.Applicability.

4.Alternative. In the determination of the retirement benefit under this Part, if service credit for private or parochial school teaching is not allowed under subsection 1 based upon the member's not meeting the requirements of subsection 1, paragraph B or D, additional service credit for private or parochial school teaching is allowed for any member who meets the requirements of subsection 1, paragraphs A and E, if the member, before any retirement benefit becomes effective for that member, pays into the Members' Contribut

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1.
Parochial school or public or private academy.
A member who taught in a parochial school or in a public or private academy may purchase up to 10 years of service credit for that service under the following conditions.
2.
Other schools and programs.
3.
Applicability.
4.
Alternative.
In the determination of the retirement benefit under this Part, if service credit for private or parochial school teaching is not allowed under subsection 1 based upon the member's not meeting the requirements of subsection 1, paragraph B or D, additional service credit for private or parochial school teaching is allowed for any member who meets the requirements of subsection 1, paragraphs A and E, if the member, before any retirement benefit becomes effective for that member, pays into the Members' Contribution Fund, by a single direct payment or annual direct payments to the State Employee and Teacher Retirement Program, 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.

Maine § 5 §17763 (Teachers in private, parochial and other schools) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

PL 1985, c. 801, §§5,7 (NEW). PL 1987, c. 148 (AMD). PL 1989, c. 700, §A26 (AMD). PL 1989, c. 709, §2 (AMD). PL 1989, c. 710, §§10,11 (AMD). PL 1991, c. 558, §1 (AMD). PL 1993, c. 349, §19 (AMD). PL 1993, c. 387, §A10 (AMD). PL 2007, c. 491, §§138, 139 (AMD).