Maine § 5 §18412 Limitation on benefits

Maine Statutes

§ 5 §18412 — Limitation on benefits

Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 20 STATE RETIREMENT SYSTEM·Ch. 425 PARTICIPATING LOCAL DISTRICTS

Benefits are limited as follows:

1.One benefit only. A beneficiary may select only one benefit, regardless of how many benefits the beneficiary qualifies for; and

2.Election final. Except as provided in section 18403, subsection 4, and section 18553, subsection 8, if a beneficiary elects a benefit after receiving reasonable notification of available options from the retirement system, the beneficiary's election of a benefit is final and may not be changed or revoked at a later date.

Free access — add to your briefcase to read the full text and ask questions with AI

Benefits are limited as follows:
1.
One benefit only.
A beneficiary may select only one benefit, regardless of how many benefits the beneficiary qualifies for; and
2.
Election final.
Except as provided in section 18403, subsection 4, and section 18553, subsection 8, if a beneficiary elects a benefit after receiving reasonable notification of available options from the retirement system, the beneficiary's election of a benefit is final and may not be changed or revoked at a later date.

Maine § 5 §18412 (Limitation on benefits) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.