Board of Trustees of the Maine Public Employees Retirement System

E751061

The Board of Trustees of the Maine Public Employees Retirement System is the governing body responsible for overseeing the administration, investment, and fiduciary management of retirement benefits for Maine’s public employees.

All labels observed (1)

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf board of trustees
governing body
beneficiaryCoverage Maine public school teachers
Maine state employees
eligible local government employees in Maine
country United States of America
surface form: United States
employerCoverage Maine public school districts
State of Maine government employers NERFINISHED
participating municipalities and local districts in Maine
ensures actuarial soundness of MainePERS retirement plans
field institutional investment management
public pensions
retirement systems administration
goal to manage pension assets prudently and cost‑effectively
to provide secure retirement benefits for Maine public employees
governs Maine Public Employees Retirement System NERFINISHED
hasAuthorityOver MainePERS actuarial funding policy
MainePERS administrative rules
MainePERS investment policy
hasDuty to act in the best interest of MainePERS members and beneficiaries
to ensure compliance with applicable state and federal laws
to ensure long‑term sustainability of MainePERS funds
hasRole fiduciary for MainePERS members and beneficiaries
jurisdiction State of Maine NERFINISHED
legalBasis Maine state law
locatedIn Augusta, Maine NERFINISHED
Maine NERFINISHED
makesDecisionOn asset allocation for MainePERS investment portfolio
funding and contribution policies for MainePERS plans
selection and oversight of external investment managers for MainePERS
oversees defined benefit retirement plans of MainePERS
defined contribution and deferred compensation programs administered by MainePERS
parentOrganization Maine Public Employees Retirement System NERFINISHED
regulates MainePERS plan administration practices
responsibleFor administration of retirement benefits for Maine public employees
fiduciary oversight of MainePERS
investment of MainePERS assets
oversight of retirement plans for Maine public school teachers
oversight of retirement plans for Maine state employees
oversight of retirement plans for participating local government employees in Maine
setting policies for MainePERS
sector public sector
shortName MainePERS Board of Trustees NERFINISHED
supervises executive management of MainePERS
typeOfOrganization public pension system board

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Maine State Treasurer memberOf Board of Trustees of the Maine Public Employees Retirement System