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Maine to provide retirement savings for workers not eligible through job

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. ....

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How Long Would $1.5 Million Last if You Retired in Maine Today?

A recent study has found that the length of time $1.5 million in retirement funds will last varies greatly across different US states. ....

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Maine urged to cut fossil fuel investments

by
Christian Wade, The Center Square
| April 13, 2021 09:30 AM
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The managers of Maine s public sector retirement plans are being urged to cut their investment ties to the fossil fuel industry to promote clean energy.
A proposal that will be considered on Thursday by the Legislature s Committee on Labor and Housing, would require the state Treasurer s office to divest any fossil fuel holdings from its retirement portfolios by 2026.
Backers of the proposal say it would send a message to the fossil fuel industry that Maine is putting its money where its mouth is when it comes to tackling climate change. ....

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