HP0556
LD 822
PUBLIC Law, Chapter 322

on - Session - 127th Maine Legislature
 
 
Bill Tracking, Additional Documents Chamber Status

An Act To Allow a Former Spouse of a Member of the Maine Public Employees Retirement System To Begin Collecting Benefits When the Former Spouse Reaches the Member's Retirement Age

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 5 MRSA §17059, sub-§4, ¶H,  as enacted by PL 1991, c. 746, §9 and affected by §10, is amended to read:

H. Does not require the payment of benefits to an alternate payee before the retirement of a member other than when the payee reaches the member's normal retirement age, the distribution of a withdrawal of contributions to a member or other distribution to a member required by law.

Sec. 2. 5 MRSA §17059, sub-§5, ¶E,  as enacted by PL 1991, c. 746, §9 and affected by §10, is amended to read:

E. The order may not require any action on the part of the retirement system contrary to its governing laws or plan provisions other than the direct payment of the benefit awarded to an alternate payee or the direct payment of the benefit awarded to an alternate payee before the retirement of a member and when the payee reaches the member's normal retirement age.

Effective 90 days following adjournment of the 127th Legislature, First Regular Session, unless otherwise indicated.


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