§1358. Cost-of-living and other adjustments
1. Cost-of-living adjustments. Except as provided in subsection 2, paragraph A, retirement allowances under this chapter must be adjusted on the same basis as provided for members of the State Employee and Teacher Retirement Program by Title 5, section 17806.
A. [PL 2011, c. 380, Pt. T, §9 (RP).]
A-1. [PL 2011, c. 380, Pt. T, §9 (RP).]
B. [PL 2011, c. 380, Pt. T, §9 (RP).]
C. [PL 2011, c. 380, Pt. T, §9 (RP).]
D. [PL 2011, c. 380, Pt. T, §9 (RP).]
[PL 2011, c. 380, Pt. T, §9 (RPR).]
2. Retirement allowances. Retirement allowances under section 1352, subsection 4.
A. Beginning in July 1985, and each July thereafter, through July 1989, retirement allowances under section 1352, subsection 4, shall be increased by 6% compounded annually. [PL 1985, c. 693, §11 (NEW).]
B. Beginning in September 1990, and each September thereafter, retirement allowances under section 1352, subsection 4, shall be adjusted as provided in subsection 1. [PL 1985, c. 693, §11 (NEW).]
[PL 1985, c. 693, §11 (NEW).]
SECTION HISTORY
PL 1983, c. 853, §§C15,18 (NEW). PL 1983, c. 863, §§B36,B45 (AMD). PL 1985, c. 693, §11 (RPR). PL 1993, c. 410, §§L8-A (AMD). PL 1993, c. 595, §2 (AMD). PL 2007, c. 249, §8 (AMD). PL 2009, c. 433, §§1, 2 (AMD). PL 2009, c. 473, §1, 2 (AMD). PL 2011, c. 380, Pt. T, §9 (AMD).
Structure Maine Revised Statutes
Chapter 27: JUDICIAL RETIREMENT ON OR AFTER DECEMBER 1, 1984
Subchapter 5: PAYMENT OF BENEFITS
4 §1351. Eligibility for retirement
4 §1353. Disability retirement
4 §1354. Restoration to service (REPEALED)
4 §1355. Ordinary death benefits
4 §1355-A. Minimum ordinary death benefits
4 §1356. Accidental death benefits
4 §1357. Payment of regular retirement allowances
4 §1358. Cost-of-living and other adjustments
4 §1359. Termination of retirement benefits for conflict of interest (REPEALED)