Maine Statutes

§ 5 §18255 — Disbanded or dissolved local district

Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 20 STATE RETIREMENT SYSTEM·Ch. 425 PARTICIPATING LOCAL DISTRICTS
If, for any reason, any participating local district ceases to be an employing unit eligible for inclusion in the Participating Local District Retirement Program, the membership of its employees ceases except to the extent of any benefits that may be provided by the funds that have been established under the retirement system for that district.

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Legislative History

PL 1985, c. 801, §§5,7 (NEW). PL 2007, c. 491, §208 (AMD).

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