2007 Legislative Document (House) 871 (To Amend the Laws Relating to the Treatment of Maine State Retirement System Contributions for Terminated Members)
Introduced by Rep. Herbert E. Clark (D) on February 27, 2007, this bill repeals the current statutory provisions governing the refund of accumulated contributions to members and the treatment of accumulated contributions for terminated members and replaces those provisions. The replacement language is substantively the same for terminated members who apply for a refund of accumulated contributions. For nonvested terminated members, the bill permits the Maine State Retirement System to make an automatic refund of accumulated contributions to the member and permits the member to reinstate membership upon the return of automatically refunded accumulated contributions. The bill also contains transitional language to assist the retirement system in its effort to improve the quality of member data.
Referred to the Labor Committee on February 27, 2007.
Amendment offered in the House on May 2, 2007. The amendment passed in the House by voice vote on May 2, 2007.
Passed in the House by voice vote on May 2, 2007.
Received in the Senate on May 3, 2007.
Passed in the Senate by voice vote on May 8, 2007.