{"data":{"id":"us-me/5-m.r.s.-17156--2","jurisdiction":"us-me","citation":"5 M.R.S. §17156","heading":"Rate of interest","body":"(WHOLE SECTION TEXT EFFECTIVE ON CONTINGENCY: See PL 1991, c. 619, §18)\nThe board shall, from time to time, by order, set the rate of regular interest at a percent rate compounded periodically determined by the board to be equitable, both to members and to the taxpayers of the State, provided that the interest credited to a member with less than 10 years of creditable service on contributions related to compensation for service rendered as a part-time, seasonal or temporary employee after December 31, 1991 must at least equal the yield of a 10-year United States treasury bond on the last business day of the previous calendar year reduced by administrative expenses.","path":["TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES","PART 20: STATE RETIREMENT SYSTEM","CHAPTER 421: GENERAL PROVISIONS","SUBCHAPTER 4: FINANCING","ARTICLE 1: GENERAL PROVISIONS"],"source_url":"https://legislature.maine.gov/statutes/5/title5ch421sec0.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:22Z","sha256":"0f20ba916a19b0421606bd23c9b9060cfd195910cf2670a54e26c7f5d526ad65","source_id":"us-me","stale":false,"prev":"us-me/5-m.r.s.-17156","next":"us-me/5-m.r.s.-17157"},"notice":"GroundRules: Original legal text. Not legal advice."}