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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 831 |
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An
Act Pertaining to Former Members of the Maine State Retirement System |
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LR 1482(02) |
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Fiscal Note for Bill as Amended by Committee
Amendment " " |
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Committee: Labor |
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Fiscal Note Required: Yes |
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Fiscal Note |
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No net fiscal
impact. |
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Fiscal Detail
and Notes |
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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benefits for withdrawn participating local districts are fully funded by the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. |
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