5 §18353. Service credit for back contributions - Maine Statutes

Title 5: ADMINISTRATIVE PROCEDURES AND SERVICES

Part 20: STATE RETIREMENT SYSTEM (HEADING: PL 1985, C. 801, §5 (NEW))

Chapter 425: PARTICIPATING LOCAL DISTRICTS HEADING: PL 1985, C. 801, §5 (NEW)

Subchapter 4: CREDITABLE SERVICE HEADING: PL 1985, C. 801, §5 (NEW)

§18353. Service credit for back contributions

Upon complete payment of the back contributions under section 18305‐B, the member must be granted service credit for the period of time for which the contributions have been made. Upon making partial payment of the back contributions under section 18305‐B, the member must be granted service credit on a pro rata basis in accordance with rules adopted by the board. [2009, c. 474, §42 (AMD).]

1. Entitlement to service credit.

[ 1989, c. 95, §11 (RP) .]

2. Retirement benefit effective before completion of payment.

[ 1989, c. 95, §11 (RP) .]

SECTION HISTORY

1985, c. 801, §§5,7 (NEW). 1989, c. 95, §11 (RPR). 2009, c. 474, §42 (AMD).