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Maine Public Employees Retirement System
P.O. Box 349, Augusta, ME 04332-0349
toll free: (800) 451-9800 ● local: (207) 512-3100

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Manage Your Money     Planning
     

If you’re a vested member of a MainePERS defined benefit plan, you have the security of a lifetime benefit based on your average final compensation and years of service. Typically, that benefit replaces half of your income. You may also qualify for Social Security and have some savings.

 

Personal savings are critical to your future financial security and we want to help you! Our Savings page offers valuable tips and links on saving for your future.  In addition, the websites below contain information that might help guide you when making important financial decisions. By creating a budget and eliminating debt you’ll be well prepared to start building your savings.

  Are you a parent or grandparent planning your financial future and would like to include your children or grandchildren in those plans?  The following are some helpful online resources:

NextGen College Investing Plan
The NextGen College Investing Plan® is Maine's Section 529 Plan. A Section 529 Plan is an investment plan offered by a state to help families achieve their dreams of providing funding for higher-education costs.

Sharing the Wealth With Your Grandchildren
You built your savings. Now the fun part: boosting your grandchildren's futures.

College Savings Calculator
Saving for your children's education requires a long-term plan.

Ideas on how teach young kids about money--from the Financial Planning Association.

3 Tax-Smart Ways to pay grandkid's tuition- from SmartMoney.com
 

360 Degrees of Financial Literacy
www.360financialliteracy.org

Choose to Save
www.choosetosave.org
Feed the Pig
www.feedthepig.org
MaineSTART
www.mainestart.org
National Endowment for Financial Education
www.smartaboutmoney.org
CLICK HERE FOR MORE SAVINGS LINKS!!
 

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Information contained on this Web site is neither a legal reference nor a complete statement of the laws or MainePERS administrative rules. In any conflict between this information and Maine laws or administrative rules, the laws and administrative rules shall prevail.

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