Maine § 5 §18506 Reduction in amount of benefit

Maine Statutes

§ 5 §18506 — Reduction in amount of benefit

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

1.Excess compensation. If the compensation received from engaging in any gainful occupation by a beneficiary of a disability retirement benefit exceeds $20,000 in calendar year 2000 or in any subsequent calendar year exceeds that amount cumulatively increased by the same percentage adjustments granted under section 18407:

2.Disability payments under other laws. The reduction of disability retirement benefits because of disability benefits received under other laws is governed as follows.

3.Restoration to service. If any recipient of a disability retirement benefit is restored to service, and if the total of the recipient's monthly retirement benefit for any year and the recipient's total earnable compensation for that year exceed the recipient's average final compensation at retirement,

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1.
Excess compensation.
If the compensation received from engaging in any gainful occupation by a beneficiary of a disability retirement benefit exceeds $20,000 in calendar year 2000 or in any subsequent calendar year exceeds that amount cumulatively increased by the same percentage adjustments granted under section 18407:
2.
Disability payments under other laws.
The reduction of disability retirement benefits because of disability benefits received under other laws is governed as follows.
3.
Restoration to service.
If any recipient of a disability retirement benefit is restored to service, and if the total of the recipient's monthly retirement benefit for any year and the recipient's total earnable compensation for that year exceed the recipient's average final compensation at retirement, increased by the same percentage adjustments as have been received under section 18407, the excess must be deducted from the disability retirement benefit payments during the next calendar year.

Maine § 5 §18506 (Reduction in amount of benefit) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

PL 1985, c. 801, §§5,7 (NEW). PL 1987, c. 458, §2 (AMD). PL 1989, c. 78, §8 (AMD). PL 1991, c. 885, §§E13,14 (AMD). PL 1991, c. 885, §E47 (AFF). PL 1993, c. 680, §§A17,18 (AMD). PL 2001, c. 443, §3 (AMD). PL 2001, c. 443, §7 (AFF). PL 2007, c. 491, §245 (AMD). PL 2013, c. 391, §§14, 15 (AMD). RR 2023, c. 2, Pt. B, §151 (COR). PL 2025, c. 221, §42 (AMD).