THE MAINE HERITAGE POLICY CENTER
Four Reasons Maine Needs to Reform Unfunded Government Employee Pensions
There is no doubt – unfunded government employee pensions are bankrupting our future.  Without reform, Maine families face crumbling roads, failing schools, a broken health care safety net, and even higher taxes.Next fiscal year, without the reasonable reforms in the budget, the increase in the u ...
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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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