MainePERS has recently completed rulemaking on Chapter 803, which is the rule that governs the Consolidated Retirement Plan for Participating Local Districts. The newly adopted amendments address retire-rehire provisions and also include some clarifying language changes to the withdrawal liability and plan election provisions in the rule.

A public hearing on these proposed amendments was held on August 9, 2018 and comments were accepted until August 24, 2018.  At its meeting on September 13, 2018, the Board of Trustees considered all received comments and recommendations of the PLD Advisory Committee and adopted the proposed amended rule with the modifications recommended by the PLD Advisory Committee.

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 rulemaking@mainepers.org.