Four school districts are fighting over, or at least negotiating, how to split an unexpected $3 million refund from Maine Public Employees Retirement System.
The money was paid into pensions by local school districts during the 1970s, '80s and '90s as the employer share of retirement benefits. At the time, districts had their own pension systems, but starting in 1993, many moved to a statewide retirement system ...
Four school districts are fighting over, or at least negotiating, how to split an unexpected $3 million refund from Maine Public Employees Retirement System.
The money was paid into pensions by local school districts during the 1970s, '80s and '90s as the employer share of retirement benefits. At the time, districts had their own pension systems, but starting in 1993, many moved to a statewide retirement system ...