Rules & Rulemaking
MainePERS is in the process of rulemaking on one rule. A brief description of the upcoming rulemaking is as follows:
Chapter 803 – Participating Local District Consolidated Retirement Plan
This rule governs the Consolidated Retirement Plan for Participating Local Districts (PLDs). Under the current rule, participating local district employees with optional membership who decline or terminate membership are not permitted to join or rejoin The Plan. The proposed amendments incorporate the provisions of newly enacted public laws Chapters 90 and 286, which extend additional membership opportunities under specific circumstances. The proposed amendments also clarify the effective date of participation agreements entered into by local districts; exclude workers compensation earnings from wages subject to the return to work contribution payment; remove obsolete language; and correct a cross-reference.
Public comment related to the proposed amendments to the rule will be received only in writing. Written comments may be submitted via email at [email protected] or through regular U.S. mail at MainePERS, P.O. Box 349, Augusta, ME 04332-0349. Written comments must be received no later than 5:00 p.m. on August 20, 2021.
More information regarding this rulemaking can also be found at the Secretary of State’s website at: https://www.maine.gov/sos/cec/rules/notices/2021/072121.html.
The amended rule may be viewed on this web site via the link 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].
