Maine is close to becoming one of few states in the country to provide a retirement savings program to workers who don't have access to one through their jobs.

Postponing retirement to age 66 or 70 also nets a pension far below that of the two state pensioners, even before considering inflation’s impact. The Maine pension system is not perfect.

The state is rolling out the Maine Retirement Investment Trust, or MERIT, to provide a low-cost, portable retirement savings program to workers without access to a savings program.

Maine, with its stunning landscapes and vibrant culture, has become a top destination for retirees seeking a high quality of life. Maine has seen a healthy influx of people relocating to the state ...

The Maine Retirement Investment Trust, or MERIT, recently established a partnership with the Colorado SecureSavings Program in order to begin a state-run retirement savings program in Maine.

As amended, LD 594 would ensure Maine workers who do not currently have a retirement savings plan at work, can save for retirement through their paycheck with a state-facilitated retirement ...

Maine is close to becoming one of few states in the country to provide a retirement savings program to workers who don't have access to one through their jobs.

PORTLAND — A judge on Tuesday allowed three state employee unions to join the Maine Association of Retirees in its lawsuit against the Maine Public Employees Retirement System over the ...

Continuing to invest state retirement funds in companies that produce fossil fuels runs counter to the ambitious environmental goals Maine has set for itself.