Maine Statutes

§ 5 §18059 — Payment of premiums

Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 20 STATE RETIREMENT SYSTEM·Ch. 423 STATE EMPLOYEES AND TEACHERS
Payment of premiums for group life insurance shall be on the basis determined by the board to be actuarially sufficient to pay anticipated claims.

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Legislative History

PL 1985, c. 801, §§5,7 (NEW).

Nearby Sections

15
§ 5 §18001
Definitions
§ 5 §18004
Method of payment
§ 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
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