I have worked extremely hard for more than half of my life without thinking much about what will happen when I am able to retire. Now that I realize that I have only been able to secure low-mid-wage jobs, barely scraping by from paycheck to paycheck, with no ability to save or privately invest for […]
retirement
Reporters notebook: Fond farewell to Duplissis
LEWISTON — The resignation of Diane Duplissis was accepted May 12 by the Lewiston School Committee — albeit reluctantly. Duplissis is the executive assistant to Superintendent Bill Webster, serving on the front line, compiling reports and handling calls and queries from parents, officials and reporters. She was lauded by School Committee Chairman Jim Handy for everything […]
Poaching pensions? School leaders inflate salaries to boost retirement
Tom Morrill wanted to boost his retirement. So a few years ago, during his last year as Auburn’s school superintendent, Morrill chose to have the school system pay him some of the money it was paying for his health insurance. He turned around and bought back that insurance. Morrill didn’t gain or lose anything in […]
RSU 73 board to conduct final superintendent interviews next week
LIVERMORE FALLS — The RSU 73 board on Thursday set two dates for next week to conduct interviews with the two finalists for superintendent. The board will meet at 6 p.m. on Monday, April 28, and Thursday, May 1, in open sessions, then immediately enter into closed sessions to conduct the interviews. The Superintendent Search […]
Former New Gloucester town manager found missing personnel file
NEW GLOUCESTER — In mid-February, the missing personnel file of former New Gloucester bookkeeper Sandra Sacco was found, two months after she requested a copy. Former Town Manager Sumner Field III sent an email notification to the board on the discovery of the file at 1:31 p.m. Feb. 14, just 29 minutes before the start of his […]
Jay town manager looking forward to retirement
JAY — Town Manager Ruth Cushman has visions of travel, spending more time with grandchildren Austin and Emily, sitting down to read books and doing some quilting. Cushman, 64, of Wilton is retiring after 12 years at the helm of Jay. Her last Board of Selectpersons meeting is Feb. 24. Cushman started out as a […]
What to expect from Obama’s ‘myRA’
WASHINGTON — President Barack Obama used his State of the Union speech to roll out a plan to coax low- and middle-income Americans into saving more for retirement. New retirement accounts being set up by the Treasury Department would target workers whose employers don’t offer retirement benefits or who haven’t started saving yet for old […]
Our View: Why we need to re-think what it means to retire
For five years cultural anthropologist Caitrin Lynch immersed herself in the working environment of Vita Needle Company in Needham, Mass., a family-owned business that makes a practice of hiring older workers, so many in fact that the median age of their employees is 74. Vita Needle is a small company, employing 45 people that makes […]
Poland bus driver taking back seat after 40 years
POLAND — RSU 16 bus driver Danielle Girardin is thinking about all of the miles she’s traveled and the children she’s known and loved over her career that began more than 40 years ago. “I began driving back in 1973, right here in Poland,” she said. “I’ve driven three generations of some families.” Friday will […]
Maine hospital to offer early retirement to 400
PORTLAND — Maine Medical Center will offer voluntary early retirement to about 400 employees because of budget challenges, the hospital’s top executive said in a letter obtained by a newspaper. President and CEO Richard Petersen said in a memo to staff obtained by the Portland Press Herald that the hospital has been forced to look […]