Maine Statutes

§ 5 §18453 — Special retirement benefits

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

A participating local district may, by filing with the board a duly certified copy of its action, provide, in lieu of any other retirement benefit in this Part, special retirement benefit plans in this section. If a member retires after becoming qualified to retire under section 18451 or 18451‑A, the member's retirement benefit must be computed in accordance with section 18452, if that amount is greater than the amount computed under this section.

1.Employee Special Plan #1. A retirement benefit equal to 1/2 average final compensation for members who have reached 60 years of age and who have at least 30 years of creditable service.
2.Employee Special Plan #2. Except as provided in this subsection, a retirement benefit to police officers, firefighters, sheriffs, full-time deputy sheriffs,

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Legislative History

PL 1985, c. 801, §§5,7 (NEW). PL 1987, c. 256, §39 (AMD). PL 1993, c. 387, §§A21-25 (AMD). PL 2001, c. 368, §§1-3 (AMD). PL 2013, c. 391, §12 (AMD). PL 2013, c. 602, Pt. B, §§2-5 (AMD). PL 2019, c. 364, §§2-5 (AMD). PL 2019, c. 370, §§2-5 (AMD). PL 2023, c. 405, Pt. A, §§18-21 (AMD). RR 2023, c. 2, Pt. B, §§147, 148 (COR).

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