Rules & Rulemaking
The MainePERS Board of Trustees recently completed rulemaking on two rules. A brief description of recent rulemaking is as follows:
Chapter 202 – Medical Board
This rule governs the establishment of the Medical Board of the Maine Public Employees Retirement System. The rule has been repealed and replaced to bring it current with laws and practices. The replacement rule also specifies that the Board can designate an entity whose medical-provider employees would make up the Medical Board.
At its December 10, 2020 meeting, the Board of Trustees adopted the proposed replacement rule. Final regulatory review has been completed, and the effective date of the amended rule is December 26, 2020.
Chapter 803 – Participating Local District Consolidated Retirement
This rule governs the Consolidated Retirement Plan for Participating Local Districts (PLDs). Under the prior rule, except with a time limited exception during the COVID-19 crisis, local districts could only join the Plan or change their plans effective the next July 1, or January 1. The amendment to the rule permits local districts to make these changes at any time, and establishes the first of the month following the date that the agreement for participation is signed by the Executive Director and the authorized representative of the local district as the effective date of the change. The amendment also makes a correction to the military service provision to align with State law.
At its November 12, 2020 meeting, the Board of Trustees adopted the amended rule. Final regulatory review has been completed, and the effective date of the amended rule is November 25, 2020.
The amended rules may be viewed on this web site via the links above, or a copy may be obtained by contacting the Executive Director’s office at 1-800-451-9800 or by email at [email protected].