A member ceases to be a member of the Participating Local District Retirement Program if the member: [PL 2007, c. 491, §209 (AMD).]
1. Withdrawal. Withdraws accumulated contributions;

[PL 1987, c. 739, §§31, 48 (AMD).]

Terms Used In Maine Revised Statutes Title 5 Sec. 18257

  • accumulated contributions: includes as much of the employer's contribution in the Retirement Allowance Fund as is needed to reach 7. See Maine Revised Statutes Title 5 Sec. 17001
  • Beneficiary: means a person or persons designated by a member to receive a benefit under this Part or a person otherwise entitled to receive a benefit under this Part. See Maine Revised Statutes Title 5 Sec. 17001
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Local district: means :
A. See Maine Revised Statutes Title 5 Sec. 17001
  • Member: means any person included in the membership of a retirement program of the retirement system, as provided in chapter 423, subchapter 2, or chapter 425, subchapter 2. 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
    • 2. Beneficiary. Becomes a beneficiary as a result of the member’s own retirement; or

    [PL 1985, c. 801, §§ 5, 7 (NEW).]

    3. Death. Dies.

    [PL 1985, c. 801, §§ 5, 7 (NEW).]

    SECTION HISTORY

    PL 1985, c. 801, §§5,7 (NEW). PL 1987, c. 739, §§31,48 (AMD). PL 2007, c. 491, §209 (AMD).
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