Maine Revised Statutes Title 5 Sec. 18542 – Disability under formerly available disability plans after October 16, 1992
Current as of: 2023 | Check for updates
|
Other versions
In the case of a participating local district having a Participating Local District Retirement Program disability plan other than that provided by article 3 or 3?A, which plan is in force on October 15, 1992, the following provisions apply on and after October 16, 1992: [PL 2007, c. 491, §248 (AMD).]
1. Eligibility. A member who is an employee of the district who applies for a disability retirement benefit after the effective date of the member’s election to be covered under the plan as amended to meet the requirements of the federal Older Workers Benefit Protection Act is eligible to apply regardless of the member’s age at time of application;
[PL 1991, c. 887, §19 (NEW).]
Terms Used In Maine Revised Statutes Title 5 Sec. 18542
- Average final compensation: means :
A. See Maine Revised Statutes Title 5 Sec. 17001Benefit: means any payment made, or required to be made, to a beneficiary under chapter 423, subchapter V or chapter 425, subchapter V. See Maine Revised Statutes Title 5 Sec. 17001 Employee: means :
A. See Maine Revised Statutes Title 5 Sec. 17001Local district: means :
A. See Maine Revised Statutes Title 5 Sec. 17001Member: 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 Participating 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 Retirement allowance: means the retirement payments to which a member is or may be entitled as provided in this Part. See Maine Revised Statutes Title 5 Sec. 17001 Retirement benefit: means the same as retirement allowance. See Maine Revised Statutes Title 5 Sec. 17001
2. Ordinary disability allowance. In the case of ordinary disability under such a plan, the disability retirement allowance must be calculated as provided under the plan except that until July 1, 1996 the amount of the retirement allowance may not exceed 59% of the member’s average final compensation at the time of disability retirement; and
[PL 1993, c. 595, §13 (AMD).]
3. Occupational disability allowance. In the case of occupational disability under such a plan, the disability retirement allowance is, until July 1, 1996, equal to 59% of the member’s average final compensation at the time of disability retirement.
[PL 1993, c. 595, §13 (AMD).]
SECTION HISTORY
PL 1991, c. 887, §19 (NEW). PL 1993, c. 595, §13 (AMD). PL 2007, c. 491, §248 (AMD).