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ME LD1947
Bill
Status
6/2/2025
Primary Sponsor
Amy Roeder
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AI Summary
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Removes the 22-day minimum waiting period for retirement benefit payments, requiring only that payment occur after service termination and within 60 days of receiving the application and final payroll
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Defines "survive" or "surviving" as living at least 120 hours after a member's death, established by clear and convincing evidence, affecting survivor benefit eligibility
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Allows electronic identification processes established by the board of trustees as an alternative to notarization for acknowledging beneficiary designations and retirement documents
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Clarifies disability eligibility rules by removing the "continuous" service requirement, instead measuring 5 years of creditable service preceding the member's last date of service
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Reduces the quorum requirement for the Participating Local District Advisory Committee from 7 to 6 voting members, while requiring at least 2 labor organization and 2 participating local district representatives
Legislative Description
An Act to Amend the Laws Pertaining to the Maine Public Employees Retirement System
State Retirement System
Last Action
PASSED TO BE ENACTED, in concurrence.
6/2/2025