Maine Revised Statutes Title 5 Sec. 17001 – Definitions
[PL 1991, c. 619, §1 (AMD); PL 1991, c. 619, §18 (AFF).]
Terms Used In Maine Revised Statutes Title 5 Sec. 17001
- Actuarial equivalent: means an amount of equal value when computed at the discount rate contained in actuarial assumptions adopted by the board. See Maine Revised Statutes Title 5 Sec. 17001
- Actuary: means the individual or the organization designated by the board to be the technical advisor to the board under section 17107. See Maine Revised Statutes Title 5 Sec. 17001
- Adult: means a person who has attained the age of 18 years. See Maine Revised Statutes Title 1 Sec. 72
- Alternate payee: means a spouse, former spouse, child or other dependent of a member or retiree who is recognized by a domestic relations order as having a right to receive all or a portion of the benefits payable by the retirement system with respect to that member or retiree. See Maine Revised Statutes Title 5 Sec. 17001
- Annual base compensation: means a member's gross compensation, based upon amounts reported by the member's employer on the member's previous year's federal wage and tax statement, that is used the first day of each April for setting the amount of coverage prior to retirement for participants in the group life insurance program administered by the board. See Maine Revised Statutes Title 5 Sec. 17001
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Average final compensation: means :
[PL 1987, c. 739, §§1, 48 (AMD).]
[PL 2021, c. 548, §6 (AMD).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1993, c. 386, §1 (AMD).]
[PL 1991, c. 746, §3 (NEW); PL 1991, c. 746, §10 (AFF).]
[PL 2021, c. 225, §1 (AMD).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1989, c. 503, Pt. B, §32 (AMD); PL 2007, c. 58, §3 (REV).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 2001, c. 181, §3 (AMD).]
[PL 2003, c. 693, §1 (AMD).]
[PL 1989, c. 443, §16 (AMD); PL 2003, c. 20, Pt. OO, §2 (AMD); PL 2003, c. 20, Pt. OO, §4 (AFF).]
[PL 2021, c. 277, §11 (AMD); PL 2021, c. 548, §45 (REV).]
[PL 1991, c. 746, §4 (NEW); PL 1991, c. 746, §10 (AFF).]
[PL 2019, c. 395, §1 (AMD).]
[PL 1987, c. 402, Pt. A, §§64, 65 (AMD).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW); PL 2007, c. 58, §3 (REV); PL 2021, c. 548, §45 (REV).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 2009, c. 474, §11 (NEW).]
[PL 2021, c. 277, §12 (NEW).]
[PL 2011, c. 657, Pt. I, §§1, 2 (AMD).]
[PL 2021, c. 277, §13 (RP).]
[PL 2021, c. 277, §14 (NEW); PL 2021, c. 548, §45 (REV).]
[PL 2007, c. 491, §62 (AMD).]
[PL 2007, c. 491, §63 (AMD).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 2001, c. 118, §1 (AMD).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1991, c. 619, §3 (NEW); PL 1991, c. 619, §18 (AFF).]
[PL 1991, c. 619, §18 (RP).]
[PL 2007, c. 491, §64 (AMD).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1987, c. 739, §§3, 48 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1989, c. 550, §1 (NEW).]
[PL 2011, c. 657, Pt. I, §3 (AMD).]
[PL 2007, c. 491, §65 (AMD).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1995, c. 274, §2 (AMD).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW); PL 2007, c. 58, §3 (REV).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 2009, c. 372, Pt. C, §1 (AMD).]
[PL 1985, c. 801, §§5, 7 (NEW).]
[PL 2021, c. 548, §7 (AMD).]
[PL 1991, c. 619, §4 (NEW); PL 1991, c. 619, §18 (AFF).]
[PL 1991, c. 619, §18 (RP).]