Art. IX §18B | PAYMENT OF UNFUNDED LIABILITIES OF THE MAINE STATE RETIREMENT SYSTEM

Each fiscal year beginning with the fiscal year starting July 1, 1997, the Legislature shall appropriate funds that will retire in 31 years or less the unfunded liabilities of the Maine State Retirement System that are attributable to state employees and teachers. The unfunded liabilities referred to in this section are those determined by the Maine State Retirement System's actuaries and certified by the Board of Trustees of the Maine State Retirement System as of June 30, 1996.

Congratulations! You're now booked up on Article IX Section 18B of the Maine Constitution!

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Art. IX §18B | PAYMENT OF UNFUNDED LIABILITIES OF THE MAINE STATE RETIREMENT SYSTEM

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Art. IX §18B | PAYMENT OF UNFUNDED LIABILITIES OF THE MAINE STATE RETIREMENT SYSTEM

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