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(a)__Had 10 years of creditable service on July 1, | 1993, the segment amount must be reduced in the | manner provided in section 17852, subsection 3, | paragraphs A and B for each year that the member's | age precedes 55 years of age; or |
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| (b)__Had fewer than 10 years of creditable service | on July 1, 1993, the segment amount must be | reduced by 6% for each year that the member's age | precedes 55 years of age. |
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| | Sec. D-5. 5 MRSA §17851-A, sub-§5, as amended by PL 2001, c. 559, Pt. | RR, §9 and affected by §17 and amended by c. 646, §§11 and 12, is | repealed and the following enacted in its place: |
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| | 5.__Contributions.__Notwithstanding any other provision of | subchapter 3, after June 30, 1998 and before September 1, 2002 | for employees identified in subsection 1, paragraphs A and B; | after June 30, 1998 for employees identified in subsection 1, | paragraphs C to H; after December 31, 1999 for employees | identified in subsection 1, paragraphs I to K; after December 31, | 2001 for employees identified in subsection 1, paragraph L; and | after June 30, 2002 for employees identified in subsection 1, | paragraph M, a member in the capacities specified in subsection 1 | must contribute to the retirement system or have pick-up | contributions made at the rate of 8.65% of earnable compensation | until the member has completed 25 years of creditable service as | provided in this section and at the rate of 7.65% thereafter. |
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| | Sec. D-6. PL 2001, c. 646, §§4, 6, 8, 10 and 12 are repealed. |
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| | Sec. D-7. Retroactivity. That section of this Part that repeals | Public Law 2001, chapter 646, sections 4, 6, 8, 10 and 12 applies | retroactively to March 25, 2002. |
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| | Sec. D-8. Existing contingency continues to apply. Nothing in this Part | affects the requirement that the full actuarial cost of the total | liability for the increased value of all of the service rendered | between August 31, 1984 and September 1, 2002 for all employees | to whom Public Law 2001, chapter 559, Part RR applies must be | paid before that retirement service credit is due to or may be | given to any employee, as provided in Public Law 2001, chapter | 559, Part RR. |
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| | Sec. E-1. 20-A MRSA §12302, sub-§1, as enacted by PL 1999, |
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