§18401. Amendment not to cause reduction in benefit
No amendment to this Part may cause any reduction in the amount of benefits which would be due to a member based on creditable service, earnable compensation, employee contributions, pick-up contributions and the provisions of this Part on the date immediately preceding the effective date of the amendment. [PL 1987, c. 739, §§42, 48 (AMD).]
SECTION HISTORY
PL 1985, c. 801, §§5,7 (NEW). PL 1987, c. 739, §§42,48 (AMD).
Structure Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 20: STATE RETIREMENT SYSTEM
Chapter 425: PARTICIPATING LOCAL DISTRICTS
5 §18401. Amendment not to cause reduction in benefit
5 §18402. Eligibility for benefits
5 §18403. Election of methods of payment
5 §18405. Remarriage after retirement
5 §18406. Liability for payment of benefits
5 §18407. Cost-of-living adjustment to retirement benefit
5 §18408. Payment of benefits when a district disbands or dissolves
5 §18409. Payment from certain funds
5 §18411. Earnable compensation continued