| *Sec. 5. Status of employees who have retired and returned to covered employment |
under the Maine State Retirement System; choice to retire rather than continue to work. |
Notwithstanding the Maine Revised Statutes, Title 5, section |
17651 and section 17652, recipients of a service retirement |
benefit from the Maine State Retirement System who have returned |
to covered employment under the retirement system in a position |
that would otherwise be covered by the retirement plan for state |
employees and teachers may not contribute to rejoin the |
retirement system, do not earn creditable service for their |
employment after retirement and do not earn any additional |
retirement benefits as a result of that employment. By retiring |
from a position covered under the retirement system, an employee |
exercises that employee's choice between continuing to work and |
thereby continuing to accrue retirement service credit and, |
potentially, an increased earnable compensation, and retiring, |
with both service credit and earnable compensation thereby |
becoming fixed.__The employee's retirement constitutes the |
employee's knowing and voluntary waiver of any claim of any |
nature under federal or state law with respect to retirement |
system service credit or earnable compensation related to return |
to employment after retirement. They Recipients of a service |
retirement benefit from the retirement system may participate in |
other retirement options available to similar employees, |
including the state program of tax-deferred arrangements under |
Title 5, chapter 67, at the discretion of their employer. For |
purposes of participation in the state employee health insurance |
program pursuant to the Maine Revised Statutes, Title 5, section |
285 or in dental health insurance coverage offered by the State, |
recipients of a service retirement benefit under the Maine State |
Retirement System who are retired state employees and who are |
reemployed as state employees must be treated as retirees under |
section 285, subsection 1-A for purposes of eligibility for |
coverage under the group plan. A recipient of a service |
retirement benefit under the Maine State Retirement System who is |
a retired teacher and who returns to work as a teacher under this |
Act is eligible for coverage under the group health insurance |
plan for active teachers in the school administrative unit in |
which newly employed. For purposes of participation in the group |
accident and sickness or health insurance for retired teachers |
pursuant to Title 20-A, section 13451, a recipient of a service |
retirement benefit under the Maine State Retirement System who is |
a retired teacher who returns to work under this Act is eligible |
upon ceasing work to return to coverage under the group health |
insurance plan in effect for active teachers in the school unit |
from which the teacher originally retired, including state |
payment of a percentage of the premium cost under section 13451. |