Maine pension reform is savings for taxpayers

Latest Pension Reform Plan an Important Step Toward Fiscal Solvency

A plan proposed by the Legislature’s Appropriations and Financial Affairs Committee to reduce Maine’s $4.1 billion unfunded government retiree pension debt provides some needed relief to Maine taxpayers, and is an important step in the right direction toward bringing Maine’s Public Employee Re ...
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More Bonds? Not with Maine’s Ballooning Unfunded Retiree Liabilities

More Bonds? Not with Maine’s Ballooning Unfunded Retiree Liabilities

Read the full report | As Mainers consider the June 8 questions to approve $108.3 million in new state bonding, they should take into account that Maine’s pension and retiree healthcare system for government employees is already unsustainable and, as of June 30, 2008, underfunded by nearly $5.1 bi ...
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