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Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
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 ...
The program allows businesses that don't offer a retirement plan to facilitate the deduction from an employee's paycheck. AARP Maine testified in support of the changes during a public hearing.
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The Maine School Administrative District 51 (RSU51/MSAD51) operates three public schools for students in Cumberland, Maine, and North Yarmouth, Maine. [2] The district has 163 teachers serving 2,320 students.
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 ...
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]
In 2021, MSAD/RSU #60 launched Noble Virtual Middle School in response to the COVID-19 pandemic. It was introduced as a possible initiation for a project-based K-12 virtual school system in the district. NVMS launched with 60 students in grades 6-8 and 5 staff members to lead the program. [7] It currently serves grades 6–9. [8] [9]