Maine Statutes
§ 5 §18052 — Nature of policy
Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 20 STATE RETIREMENT SYSTEM·Ch. 423 STATE EMPLOYEES AND TEACHERS
1.Limitation.
All provisions of a policy or policies purchased under section 18051 shall be subject to the limitations of Title 24‑A, sections 2601 to 2628.
2.No reduction of benefits.
No provisions of a policy or policies purchased under section 18051 may reduce the benefits granted under this subchapter.
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Legislative History
PL 1985, c. 801, §§5,7 (NEW).
Nearby Sections
15
§ 5 §18001
Definitions§ 5 §18002
Qualification for benefit§ 5 §18003
Computation of benefit§ 5 §18004
Method of payment§ 5 §18005
Adjustment of benefits§ 5 §18006
Termination of benefits§ 5 §18007
Benefits in lieu of article 4§ 5 §18051
Authorization§ 5 §18052
Nature of policy§ 5 §18053
Rules§ 5 §18053-A
Funds§ 5 §18054
Administration§ 5 §18055
Participation§ 5 §18056
Coverage§ 5 §18057
Payments on death