3 §753. Expenses
§753. Expenses All administrative operating expenses of the Legislative Retirement Program must be charged to the assets of the Legislative Retirement Program. [PL 2009, c. 415, Pt. A, §1 (AMD).] 1. Estimate funds biennially. [PL 2007, c. 240, Pt. U, §1 (RP).] 2. Balance. [PL 2007, c. 240, Pt. U, §1 (RP).] SECTION HISTORY […]
3 §754. Investments
§754. Investments The board of trustees may combine funds from the Legislative Retirement Program and the assets of other programs of the Maine Public Employees Retirement System for investment purposes. The assets and funds of other programs of the Maine Public Employees Retirement System and the assets and funds of the Legislative Retirement Program may […]
3 §755. Legislative findings and intent
§755. Legislative findings and intent 1. Findings. The Legislature finds that the State owes a great debt to its retired Legislators for their years of faithful and productive service. Part of that debt is repaid by the benefits provided to Legislators through the Legislative Retirement Program. [PL 2007, c. 491, §17 (AMD).] 2. Intent. […]
3 §751. Control of funds
§751. Control of funds The board of trustees is the trustee of the funds created by this chapter and shall administer those funds in the same manner as is provided for the administration of other program funds of the Maine Public Employees Retirement System in accordance with Title 5, chapter 421, subchapters 3 and 4. […]
3 §752. Custodian of funds (REPEALED)
§752. Custodian of funds (REPEALED) SECTION HISTORY PL 1985, c. 507, §1 (NEW). PL 2007, c. 249, §1 (RP).