Silver Linings: Pat McCabe of Durham, New Hampshire, will present a UMaine program she developed for new retirees.
retirement
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
About 70% are concerned about prices rising faster than their income.
Migrant workers who helped build modern China have scant or no pensions, and can’t retire
China’s first generation of migrant workers played an integral role in the country’s transformation from an impoverished nation to an economic powerhouse.
Activists say Maine public workers’ retirement system is failing to divest from fossil fuels
But the officials who decide how to invest the retirement funds of Maine’s government employees said fully divesting from fossil fuel companies would violate their constitutional duty.
Retirement savings plan law takes effect January 2024 in Maine
Employers with five or more employees who don’t offer a qualified plan must offer workers the chance to save for retirement.
New state retirement program targets small-business employees
About 200,000 Maine workers who have long gone without employer-sponsored retirement savings plans soon will be able to save for their golden years through the Maine Retirement Investment Trust.
Maine to provide retirement savings program for residents not eligible through work
A pilot version of the program is scheduled to start this fall, and the full program is expected to be phased in through January 2026.
Head clerk at Capital Judicial Center in Augusta retires after 40 years in judicial system
Helping the public navigate the court system proved a rewarding career for Michele Lumbert of Pittston.
Patty Hess retires after 35 years of service to Oxford
She is moving to Arizona to be closer to her family.
Newry OKs new retirement plan
NEWRY — At the Jan. 18 Newry Board of Selectmen meeting, a new 457 retirement plan was discussed. It is pre-tax which saves the town money. “Currently the town offers a SIMPLE IRA (Savings Incentive Match Plan for Employees) product, it was set up in 2006, and it is a post-tax contribution, explained Amy Bernard, […]