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Vol. 2026 · Bill Detail · Special Edition

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Wednesday, September 2, 2026

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ME · LD1872FINAL · 9 COSPONSORS

An Act to Reinvest in the Pension Funds of the Maine Public Employees Retirement System

Also relevant to:Senior (65+, Medicare/SS)
Where it is in the process
Plain-English Summary

This bill creates a Retirement Improvement Fund within the Maine Public Employees Retirement System. For four fiscal years starting in 2028-29, money will be transferred from the state's General Fund into this new fund. The fund's purpose is to pay for increases in retirement benefits for retired state employees and teachers, specifically by raising the base amount used for cost-of-living adjustments until it reaches $40,000.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes
Sponsorship · 10 Sponsors
Democrat10Republican0Independent0Other0
  • D · PrimeCharles Skold
  • D · CoMatthea Larsen Daughtry
  • D · CoJanice Dodge
  • D · CoRyan Fecteau
  • D · CoAndrew Gattine
  • D · CoTavis Hasenfus
  • D · CoCraig Hickman
  • D · CoTeresa Pierce
  • D · CoAmy Roeder
  • D · CoMichael Tipping
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