Maine § 5 §18456 Minimum benefit

Maine Statutes

§ 5 §18456 — Minimum benefit

Maine § 5 §18456

Title 5ADMINISTRATIVE PROCEDURES AND SERVICES

Part 20STATE RETIREMENT SYSTEM

Ch. 425PARTICIPATING LOCAL DISTRICTS

This text of Maine § 5 §18456 (Minimum benefit) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 5, § 5 §18456 (2026).

Text

A member who has 10 or more years of creditable service at retirement is entitled to a minimum service retirement benefit of $100 a month. A former participating local district employee who had 10 or more years of creditable service and who is receiving a retirement allowance, including adjustments provided by section 18407, that is less than $100 a month must have that former employee's retirement benefit increased to $100 a month the first day of the month following adoption of this section by the participating local district.

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A member who has 10 or more years of creditable service at retirement is entitled to a minimum service retirement benefit of $100 a month. A former participating local district employee who had 10 or more years of creditable service and who is receiving a retirement allowance, including adjustments provided by section 18407, that is less than $100 a month must have that former employee's retirement benefit increased to $100 a month the first day of the month following adoption of this section by the participating local district.