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153 chapters · 1,495 sections in this title.
5 M.R.S. § 891 Definitions
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As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1983, c. 791, §2 (NEW).] 1. Employee. "Employee" means any person whether appointed, elected or under contract, providing services for the State, county, municipa…
5 M.R.S. § 892 Individual retirement and pension plans
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The State or any county, municipality or other political subdivision may enter into an agreement with an employee under which all or a portion of that employee's compensation may be transferred into an individual retirement account or simplified employee pension plan in accordanc…
5 M.R.S. § 893 Administration
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Payroll deductions must be made by the appropriate payroll officer of each county, municipality or other political subdivision. The Commissioner of Administrative and Financial Services is responsible for the administration of this chapter as it applies to state employees. Any co…
5 M.R.S. § 894 Liability limited
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The State, any county, municipality or other political subdivision which transfers employee compensation to an individual retirement account shall have no liability for the funds once a proper transfer has been made.