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Maine Revised Statutes Title 5. Administrative Procedures and Services § 17157. Interest and dividend credits

Current as of January 01, 2022 | Updated by FindLaw Staff

All interest and dividends earned on the funds of the retirement system shall be credited to the Retirement Allowance Fund.

1. Transfer to Members' Contribution Fund. The board shall periodically allow regular interest on the individual accounts of members in the Members' Contribution Fund and shall transfer those amounts from the Retirement Allowance Fund to the Members' Contribution Fund.

2. Repealed. Laws 2007, c. 249, § 18.

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Cite this article: FindLaw.com - Maine Revised Statutes Title 5. Administrative Procedures and Services § 17157. Interest and dividend credits - last updated January 01, 2022 | https://codes.findlaw.com/me/title-5-administrative-procedures-and-services/me-rev-st-tit-5-sect-17157/

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