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In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000. [19
Dec. 18—Maine teachers, firefighters and other public sector employees could benefit from a bill that the U.S. Senate advanced on a 73-27 vote Wednesday, signaling that that the legislation co ...
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Nov. 14—AUBURN — One in three Mainers over retirement age relies entirely on Social Security for income, according to information from the Office of the State Treasurer. As inflation eats more ...
Benefits are based on affordability projections. Plan members share plan risk through adjustments to their benefits. A key element of the target benefit model is the existence of pre-determined guidelines linking benefits to funds available in the plan. Benefits and contributions are linked in a way that does not exist with traditional defined ...
A regional school unit is a type of school district in Maine. They were created starting in 2008 pursuant to a change in Maine Law that attempted to save on administrative costs by consolidating Maine's many school districts into larger districts. This change was championed by Governor John Baldacci. [1] [2]
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It is located in Penobscot County which is also known as the "Maine Highlands". There are a total of six schools in the district: Garland Elementary, Exeter Elementary, Dexter Primary School, Dexter Middle School, Dexter Regional High School, and Tri-County Technical Center. Approximately 1,100 students from the area are enrolled.