Maine legislation · 132nd Legislature
Maine LD1021: An Act to Remove Certain Cost-of-living Adjustment Restrictions for Retired Members of the Law Enforcement Bargaining Unit Who A
Status: Failed, April 29, 2026
An Act to Remove Certain Cost-of-living Adjustment Restrictions for Retired Members of the Law Enforcement Bargaining Unit Who Are 65 Years of Age or Older
What the bill says
An Act to Remove Certain Cost-of-living Adjustment Restrictions for Retired Members of the Law Enforcement Bargaining Unit Who Are 65 Years of Age or Older" Amend the bill by striking out all of section 2 and inserting the following: 'Sec. 2. 5 MRSA §17806, sub-§1, ¶A-4 is enacted to read: A-4. Beginning in 2025, whenever there is a percentage increase in the Consumer Price Index from July 1st to June 30th, the board shall automatically make an equal percentage increase in retirement benefits, beginning in September, up to a maximum annual increase of 3% for retirement benefits paid to individ.
From the engrossed text:
An Act to Remove Certain Cost-of-living Adjustment Restrictions for Retired Members of the Law Enforcement Bargaining Unit Who Are 65 Years of Age or Older" Amend the bill by striking out all of section 2 and inserting the following: 'Sec. 2. 5 MRSA §17806, sub-§1, ¶A-4 is enacted to read: A-4. Beginning in 2025, whenever there is a percentage increase in the Consumer Price Index from July 1st to June 30th, the board shall automatically make an equal percentage increase in retirement benefits, beginning in September, up to a maximum annual increase of 3% for retirement benefits paid to individuals who are 65 years of age or older and who retired from a position as a law enforcement officer as defined in Title 25, section 2801-A, subsection 5 or from a probation or parole officer position as described in Title 34-A, section 5404. Sec. 3. Appropriations and allocations. The following appropriations and allocations are made. RETIREMENT SYSTEM, MAINE PUBLIC EMPLOYEES Retirement System - Retirement Allowance Fund 0085 Initiative: Provides one-time funds to pay the unfunded actuarial liability created by requiring that cost-of-living increases be applied to a retiree's full benefit amount once the retiree reaches 65 years of age if that person retired from a law enforcement officer position or a probation or parole officer position. GENERAL FUND 2025-26 2026-27 …