121st Maine Legislature
Office of Fiscal and Program Review
LD 831
An Act Pertaining to Former Members of the Maine State Retirement System     
LR 1482(01)
Fiscal Note for Original Bill
Sponsor: Rep. McLaughlin of Cape Elizabeth
Committee: Labor
Fiscal Note Required: Yes
   
             
Fiscal Note
No net fiscal impact.
Fiscal Detail and Notes
Retirement benefits for withdrawn participating local districts are fully funded by the individual participating local district.  Any additional cost associated with a change in the retirement plan offered by the district would be the responsibility of the district.  Therefore, this legislation would result in no additional cost to the State or the Maine State Retirement System.