LD1947

Amends Maine Public Employees Retirement System laws to redefine terms, remove waiting periods, adjust eligibility, and clarify recovery of.

This bill amends the Maine Public Employees Retirement System laws by defining terms such as "duly acknowledged" and "survive" or "surviving." It removes the minimum waiting period for a member to receive a refund of contributions. The bill adjusts eligibility for disability retirement benefits, removing the requirement for continuous service before eligibility unless the disability is a result of a preexisting condition. It provides more flexibility in how overpayments of disability benefits are recovered.