§18460. Discontinuation and substitution of benefits
A participating local district electing retirement programs under section 18453, subsections 1 to 9, may, by filing with the board a duly certified copy of its action: [PL 1985, c. 801, §§ 5, 7 (NEW).]
1. Discontinue benefits. Discontinue any benefit under any of those subsections to any person qualifying for the benefit who was hired after the effective date of the district's action; and
[PL 1985, c. 801, §§ 5, 7 (NEW).]
2. Substitution of benefits. Substitute for the discontinued benefit any other benefit provided in this Part.
[PL 1985, c. 801, §§ 5, 7 (NEW).]
SECTION HISTORY
PL 1985, c. 801, §§5,7 (NEW).
Structure Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 20: STATE RETIREMENT SYSTEM
Chapter 425: PARTICIPATING LOCAL DISTRICTS
Article 2: SERVICE RETIREMENT BENEFITS
5 §18451. Qualification for benefits for members not covered under chapter 427
5 §18451-A. Qualification for benefits for members covered under chapter 427
5 §18452. Computation of benefit
5 §18453. Special retirement benefits
5 §18454. Spouse option; no reduction
5 §18455. Law governing benefit determination
5 §18457. Restoration to service (REPEALED)
5 §18457-A. Restoration to service
5 §18458. Recomputation of benefit
5 §18459. Interchangeable benefits for law enforcement officers
5 §18460. Discontinuation and substitution of benefits