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Subchapter 1: DEFINITIONS
5 §17001. Definitions - §17001. Definitions (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) As used...
Subchapter 2: GENERAL POLICIES AND INTENT
5 §17050. Legislative intent - §17050. Legislative intent It is the intent of the Legislature...
5 §17051. Nonapplicability of other retirement benefit laws - §17051. Nonapplicability of other retirement benefit laws A law outside...
5 §17052. Mandatory retirement - §17052. Mandatory retirement 1. Prohibition. No employee may be required,...
5 §17053. Exemption from taxation - §17053. Exemption from taxation The money in the various funds...
5 §17054. Legal process and assignment - §17054. Legal process and assignment The right of a person...
5 §17054-A. Responsibilities of employers and the retirement system - §17054-A. Responsibilities of employers and the retirement system Employers are...
5 §17055. Beneficiary who is an incapacitated person or a minor - §17055. Beneficiary who is an incapacitated person or a minor...
5 §17056. Superior Court employees - §17056. Superior Court employees 1. Transfer to state employee account....
5 §17057. Information not public record - §17057. Information not public record 1. Medical information. Medical information...
5 §17058. Information for administrative or judicial proceedings - §17058. Information for administrative or judicial proceedings If information regarding...
5 §17059. Qualified domestic relations orders - §17059. Qualified domestic relations orders 1. Determination by chief executive...
5 §17060. Life annuity or lump-sum payment in lieu of benefits awarded by qualified domestic relations order - §17060. Life annuity or lump-sum payment in lieu of benefits...
5 §17061. Termination of interest in retirement system - §17061. Termination of interest in retirement system The death of...
5 §17062. Forfeiture of benefits for crime; restitution - §17062. Forfeiture of benefits for crime; restitution 1. Crime. If...
Subchapter 3: ESTABLISHMENT AND ADMINISTRATION
5 §17101. Establishment - §17101. Establishment 1. Purpose. There is established a retirement system,...
5 §17102. Board of trustees - §17102. Board of trustees 1. Composition. The Board of Trustees...
5 §17103. Duties of the board of trustees - §17103. Duties of the board of trustees In addition to...
5 §17104. Powers of the board of trustees - §17104. Powers of the board of trustees In addition to...
5 §17105. Chief executive officer - §17105. Chief executive officer 1. Duties. In addition to other...
5 §17105-A. Adverse decisions of the retirement system - §17105-A. Adverse decisions of the retirement system Prior to any...
5 §17106. Medical board (REPEALED) - §17106. Medical board (REPEALED) SECTION HISTORY PL 1985, c. 801,...
5 §17106-A. Use of hearing officers - §17106-A. Use of hearing officers The board shall contract with...
5 §17106-B. Disability retirement; medical review - §17106-B. Disability retirement; medical review 1. Disability retirement forms; assessment....
5 §17107. Actuary - §17107. Actuary 1. Designation. The board shall designate an actuary...
5 §17108. Investment counsel - §17108. Investment counsel 1. Contract. The board may contract with...
5 §17109. Other counsel and assistance - §17109. Other counsel and assistance 1. Contract. The board may...
5 §17110. Custodial care of securities - §17110. Custodial care of securities 1. Contract or agreement. The...
Subchapter 4: FINANCING
Article 1: GENERAL PROVISIONS
5 §17151. Legislative findings and intent - §17151. Legislative findings and intent 1. Findings. The Legislature finds...
5 §17152. Funds - §17152. Funds The board may combine the assets of the...
5 §17153. Board of trustees - §17153. Board of trustees 1. Actuarially sound basis. [PL 1987,...
5 §17154. Administration of funds - §17154. Administration of funds 1. Custodian. [PL 2007, c. 249,...
5 §17155. Special resolves - §17155. Special resolves If and when any special resolve or...
5 §17156. Rate of interest (WHOLE SECTION TEXT EFFECTIVE UNTIL CONTINGENCY: See PL 1991, c. 619, §18) - §17156. Rate of interest (CONTAINS TEXT WITH VARYING EFFECTIVE DATES)...
5 §17156. Rate of interest (WHOLE SECTION TEXT EFFECTIVE ON CONTINGENCY: See PL 1991, c. 619, §18) - §17156. Rate of interest (CONTAINS TEXT WITH VARYING EFFECTIVE DATES)...
5 §17157. Interest and dividend credits - §17157. Interest and dividend credits All interest and dividends earned...
5 §17158. Full funding - §17158. Full funding Upon full funding of the accrued unfunded...
5 §17159. Early retirement incentive costs - §17159. Early retirement incentive costs When an employee retires prior...
5 §17160. Minimum level of employer contribution - §17160. Minimum level of employer contribution 1. Portion of employer...
Article 2: MEMBERS' CONTRIBUTION FUND
5 §17201. Establishment - §17201. Establishment The Members' Contribution Fund is established and it...
5 §17202. Deduction adjustments - §17202. Deduction adjustments In order to facilitate the making of...
5 §17203. Payroll deduction - §17203. Payroll deduction 1. Certification and deduction. The board shall...
5 §17204. Contributions on member's own account - §17204. Contributions on member's own account Any member in service...
5 §17205. Transfers of funds (REPEALED) - §17205. Transfers of funds (REPEALED) SECTION HISTORY PL 1985, c....
5 §17206. Statement of account - §17206. Statement of account The chief executive officer shall furnish...
Article 3: RETIREMENT ALLOWANCE FUND
5 §17251. Establishment - §17251. Establishment The Retirement Allowance Fund is established in which...
5 §17252. Employer contribution - §17252. Employer contribution On account of each member, the State...
5 §17253. Employer contribution rate - §17253. Employer contribution rate The percentage rate of the employer...
5 §17254. Minimum state contribution - §17254. Minimum state contribution The aggregate payment by the State...
Article 4: EXPENSE FUND
5 §17301. Establishment (REPEALED) - §17301. Establishment (REPEALED) SECTION HISTORY PL 1985, c. 801, §§5,7...
5 §17302. Administration of fund (REPEALED) - §17302. Administration of fund (REPEALED) SECTION HISTORY PL 1985, c....
5 §17403. Administration of fund (REPEALED) - §17403. Administration of fund (REPEALED) SECTION HISTORY PL 1985, c....
Article 5: SURVIVORS' BENEFIT FUND
5 §17351. Establishment (REPEALED) - §17351. Establishment (REPEALED) SECTION HISTORY PL 1985, c. 801, §§5,7...
5 §17352. Survivors' contribution (REPEALED) - §17352. Survivors' contribution (REPEALED) SECTION HISTORY PL 1985, c. 801,...
5 §17353. Survivors' contribution rate (REPEALED) - §17353. Survivors' contribution rate (REPEALED) SECTION HISTORY PL 1985, c....
Article 6: STATE RETIREE HEALTH INSURANCE FUND
5 §17401. Establishment and limitation of fund (REPEALED) - §17401. Establishment and limitation of fund (REPEALED) SECTION HISTORY PL...
5 §17402. Payment of premium (REPEALED) - §17402. Payment of premium (REPEALED) SECTION HISTORY PL 1985, c....
Article 7: STATE RETIRED TEACHERS' HEALTH INSURANCE FUND
5 §17411. Establishment and limitation of fund (REPEALED) - §17411. Establishment and limitation of fund (REPEALED) SECTION HISTORY PL...
5 §17412. Payment of premium (REPEALED) - §17412. Payment of premium (REPEALED) SECTION HISTORY PL 1987, c....
5 §17413. Administration of fund (REPEALED) - §17413. Administration of fund (REPEALED) SECTION HISTORY PL 1987, c....
Article 8: DISABILITY RETIREMENT BENEFIT FUND
5 §17421. Establishment (REPEALED) - §17421. Establishment (REPEALED) SECTION HISTORY PL 1989, c. 409, §§5,12...
5 §17422. Disability contribution (REPEALED) - §17422. Disability contribution (REPEALED) SECTION HISTORY PL 1989, c. 409,...
5 §17423. Disability contribution rate (REPEALED) - §17423. Disability contribution rate (REPEALED) SECTION HISTORY PL 1989, c....
Article 9: RETIREE HEALTH INSURANCE POST-EMPLOYMENT BENEFITS INVESTMENT TRUST FUND
5 §17431. Definitions - §17431. Definitions As used in this article, unless the context...
5 §17432. Establishment - §17432. Establishment 1. Investment trust fund established. The Retiree Health...
5 §17433. Statutory references - §17433. Statutory references Notwithstanding that Article 9 is placed in...
5 §17434. Administration of investment trust fund - §17434. Administration of investment trust fund 1. Administration. The trustees...
5 §17435. Duties of the trustees of the investment trust fund - §17435. Duties of the trustees of the investment trust fund...
5 §17436. Liability and immunity of trustees of the investment trust fund - §17436. Liability and immunity of trustees of the investment trust...
5 §17437. Exemption from taxation - §17437. Exemption from taxation The money in the investment trust...
5 §17438. Reporting requirements under Governmental Accounting Standards Board - §17438. Reporting requirements under Governmental Accounting Standards Board The system...
5 §17439. Information for administrative or judicial proceedings - §17439. Information for administrative or judicial proceedings If information regarding...
Subchapter 5: APPEALS
5 §17451. Appeals - §17451. Appeals 1. Decision of chief executive officer. Any person...