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153 chapters · 1,495 sections in this title.
5 M.R.S. § 18801 Plan
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There is established the Participating Local District Consolidated Retirement Plan as a governmental qualified defined benefit plan pursuant to Sections 401(a) and 414(d) of the Internal Revenue Code and such other provisions of the Internal Revenue Code and United States Treasur…
5 M.R.S. § 18802-A Participating Local District Advisory Committee
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1. Composition; designation. The Participating Local District Advisory Committee, referred to in this chapter as "the advisory committee," is composed of the following 12 members: A. Five voting members who are members of labor organizations that represent participating local dis…
5 M.R.S. § 18803 Assistance by board
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1. Staff assistance. The board may authorize the retirement system staff to give assistance to the advisory committee. 2. Expenses. The board may authorize the payment of necessary expenses incurred in the operation of the advisory committee from the funds allocated for that purp…
5 M.R.S. § 18804 Local district participation
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All local districts that are participating local districts under chapter 425 on the date the plan is put into operation may contract for participation in the plan in the manner provided in subsection 1 or 2 for other local districts. A participating local district that elects to …