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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.
Because you’ll need almost as much money in retirement as
you did when you were working, personal savings are critical
to your future financial security.
When it comes to saving, we want to help you! Our
Savings page
offers valuable tips and links on saving for your future.
In addition, the following websites 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.
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