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Manage Your Money
       
 

When thinking about how to pay your bills today, do you also wonder how you’ll make ends meet in retirement?

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.
 

  Budget Man
 

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.

360 Degrees of Financial Literacy
http://www.360financialliteracy.org

MaineSTART
http://www.mainestart.org
Choose to Save
http://www.choosetosave.org
 
National Endowment for Financial Education
http://www.smartaboutmoney.org
Feed the Pig
www.feedthepig.org
   

   







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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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