An Act To Address an Inequity in the Judicial Retirement System
Sec. 1. 4 MRSA §1201, sub-§9, as amended by PL 1983, c. 863, Pt. B, §§8 and 45, is further amended to read:
Sec. 2. 4 MRSA §1304, as amended by PL 1993, c. 410, Pt. L, §4, is further amended to read:
§ 1304. Employees' contributions
On and after July 1, 1993, each member in service shall contribute at a rate of 7.65% of earnable compensation , except that judges whose earnable compensation includes imputed cost-of-living adjustments under section 1201, subsection 9, shall contribute based on the compensation actually paid.
Sec. 3. Application. This Act applies to judges who retire on or after the effective date of this Act.
Sec. 4. Personal Services funds carried forward. Notwithstanding any other provision of law, up to $75,000 in unencumbered balance of Personal Services in the Judicial Department's General Fund account in fiscal year 2006-07 does not lapse and may be carried forward into fiscal year 2007-08.
Sec. 5. Appropriations and allocations. The following appropriations and allocations are made.
JUDICIAL DEPARTMENT
Courts - Supreme, Superior, District and Administrative 0063
Initiative: Appropriates funds for the increase in the employers' contribution due to the provision that allows judges to include as earnable compensation imputed salary based upon cost-of-living adjustments that were not funded in fiscal year 2003-04 and fiscal year 2004-05.
GENERAL FUND | 2007-08 | 2008-09 |
Personal Services
|
$188,147 | $195,672 |
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GENERAL FUND TOTAL | $188,147 | $195,672 |
Courts - Supreme, Superior, District and Administrative 0063
Initiative: Deappropriates, on a one-time basis, funds no longer needed in the 2008-09 biennium.
GENERAL FUND | 2007-08 | 2008-09 |
Personal Services
|
($188,147) | ($195,672) |
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GENERAL FUND TOTAL | ($188,147) | ($195,672) |