Maine Revised Statutes Title 5 Sec. 18203-A – Resumption of participation after withdrawal
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Terms Used In Maine Revised Statutes Title 5 Sec. 18203-A
- Board: means the board of trustees, established under section 12004?F, subsection 9, to administer the Maine Public Employees Retirement System. See Maine Revised Statutes Title 5 Sec. 17001
- Contract: A legal written agreement that becomes binding when signed.
- Local district: means :
A. See Maine Revised Statutes Title 5 Sec. 17001Participating local district: means a local district that has approved the participation of its employees in the Participating Local District Retirement Program of the retirement system under section 18201. See Maine Revised Statutes Title 5 Sec. 17001 Retirement: means termination of membership with a retirement allowance granted under this chapter. See Maine Revised Statutes Title 5 Sec. 17001
The board may establish by rule the conditions under which a local district that has withdrawn from participation in the Participating Local District Retirement Program may again contract for participation of its employees in that program under this chapter or under chapter 427. [PL 2007, c. 491, §186 (AMD).]
SECTION HISTORY
PL 1991, c. 580, §11 (NEW). PL 2007, c. 491, §186 (AMD).