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MaineLD 240132nd Maine Legislature (2025-2026)SenateWALLET

An Act to Create Consistency in Retirement Service Benefits Deferral Under the Maine Public Employees Retirement System

Sponsored By: Craig V. Hickman (Democratic)

Signed by Governor

STATE RETIREMENT SYSTEMSTATE RETIREMENT SYSTEM - BENEFITS

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Public workers can delay pension without reduction

You can choose to delay starting a Maine public pension. This applies to any plan that would cut your check because you are under that plan’s normal retirement age. You must be eligible to retire from plans with different normal retirement ages. It also applies if you earned service with a participating local district and retire under these plans. You must make the choice before any payments start, and you cannot change it. Payments begin when you reach that plan’s normal retirement age, with no early-retirement reduction and no back pay for months delayed. If you die during the delay, your beneficiary’s payments follow the same delay.

Sponsors & Cosponsors

Sponsor

  • Craig V. Hickman

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Signed by Governor, ACTPUB Chapter 12

    3/25/2025

  2. PASSED TO BE ENACTED, in concurrence.

    3/20/2025Senate

  3. PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.

    3/20/2025House

  4. CONSENT CALENDAR - FIRST DAYUnder suspension of the rules CONSENT CALENDAR - SECOND DAY.The Bill was PASSED TO BE ENGROSSED.In concurrence. ORDERED SENT FORTHWITH.

    3/20/2025House

  5. Report READ and ACCEPTED.READ ONCEUnder suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED.Ordered sent down forthwith for concurrence.

    3/18/2025Senate

  6. Received by the Secretary of the Senate on January 16, 2025 and REFERRED to the Committee on LABOR pursuant to Joint Rule 308.2

    1/16/2025Senate

Bill Text

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