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

arrow About Us
arrow Disability
arrow FAQs
arrow Forms
arrow GASB Audited Schedules
arrow Group Life Insurance
arrow Interest Rates
arrow Investments
arrow Laws/Rules/Legislation
arrow Links
arrow Publications & Newsletters
arrow Request for Proposals
arrow Special Tax Notice
arrow MainePERS and Freedom of Information
128th Maine
Legislative Session
Report to the Governor
on LD 1104

2018 State/Teacher Plan
Review Report

2018 Legislative Update

2017 Legislative Update

Prior Legislative
Session Information

2014 PLD Consolidated Plan Changes

2013 Program Evaluation Report

Proposed Plan 2 Implementation Report
Proposed Pension Plan Draft Legislation

New Pension Plan Design and Implementation Plan

ESG Task Force Progress Report
Additional Pension Information and Reports

QuestionHave a question about legislation? Click here.

  Information about Upcoming Rulemaking
can be found
Annual Cost-of-Living Adjustment (COLA)

On August 13, 2020, MainePERS Board of Trustees adopted the 0.6% Consumer Price Index - Urban Consumers (CPI-U) rate compiled by the U.S. Department of Labor’s Bureau of Labor Statistics on June 30, 2020, as the basis for 2020 cost-of-living adjustment (COLA) for all pension plans to which it applies.

Eligible recipients will first see the COLA reflected in their September pension payment.  

Eligible State, Teacher, Judicial, and Legislative retirement plan retirees will receive the 0.6% COLA on their benefit up to $22,810.25 (which is the 2020 base), or a maximum increase of $11.41/month.  The 2021 COLA-base will increase by 0.6%, to $22,947.11.  The total amount that will be paid to the approximately 36,400 eligible benefit recipients in these plans during the next 12 months as a result of the 2020 COLA is expected to be approximately $3,600,000.  

Eligible Participating Local District – Consolidated Plan (PLD) retirees will receive a 0.6% COLA on their current benefit.  The total amount that will be paid to the approximately 8,500 eligible benefit recipients in this plan during the next 12 months as a result of the 2020 COLA is expected to be approximately $900,000.

You can read more about eligibility requirements and how your plan implements this COLA at http://mainepers.org/2020COLA.htm.  You can also call our office at 800-451-9800 and speak with one of our service representatives.  


Coronavirus Update


To our Members and Retirees:


We continue to hope you and your family are safe and healthy.  We are updating this section of our website with the questions most frequently asked by our members and retirees.

Thank You for Your Patience as We Practice Social Distancing  

Thank you for your patience as we do our part to stem the spread of the coronavirus. Although our offices will remain closed to the public through the summer, we are operational and providing all of the services you need by working remotely.  Please contact us by phone at
207-512-3100 or send an email to info@mainepers.org.  Please include your name and phone number, but do not include your Social Security number in your message. 


Unemployment Fraud  


Unemployment fraud is one of the fastest growing criminal activities coming out of the coronavirus environment.  The Maine Department of Labor is working to combat this fraud.  If an unemployment claim has been fraudulently filed on your behalf, you can report it to Maine DOL at https://www.maine.gov/unemployment/idtheft/.  


MainePERS takes multiple precautions to protect your personal information and your retirement account.  We appreciate our members and retirees patience as we verify your identity, and work to make sure we are sending your information only to you.


We can add a note to your MainePERS file as an extra precaution that you have had a fraudulent unemployment claim filed on your behalf.  Please call us at 207-512-3100. 


Does the Market Volatility Change My Retirement Check?  

Your monthly retirement payment does not change with market volatility.  Your benefit is fixed when you retire, and is increased after that by cost-of-living adjustments (COLAs).  The way your COLA works depends on which MainePERS defined benefit retirement plan you are in. More information on how your COLA works can be found here.  

MainePERS defined benefit plans are pre-funded. That is, money is set aside in a trust fund today to pay your benefit in the future.  Currently, all of the pension plans MainePERS administers are pre-funded at 82% or higher, which place our plans as some of best funded public plans in the country.  While we are always working toward having our plans 100% funded, market ups and downs do change the pre-funding level of the plans.  Market downturns such as the one we are currently experiencing do not change our ability to pay your retirement benefits.  Your benefits will continue to be paid.  

Market gains and losses do affect your 457, 403b or other defined contribution plan balances. We encourage you to seek the assistance of a professional advisor before withdrawing funds or changing your asset allocation in your defined contribution plan in a market loss situation.  If you are a participant in one of our MaineSTART defined contribution plans, please submit any questions to info@mainepers.org.  

Can I Withdraw My Defined Benefit Contributions if I'm No Longer Employed? Am I Eligible for Coronavirus Tax Benefits?

Yes. You can withdraw your contributions and the interest earned on those contributions. You may be entitled to special tax treatment if you meet the requirements for a "coronavirus-related distribution." This special treatment includes lower federal tax withholding and not having the 10% early withdrawal penalty that usually applies if you take a refund under age 59½. You can read more information on whether or not you qualify here

Can I Withdraw My Defined Benefit Contributions While I’m Still Employed?  

No.  Members may only withdraw their contributions and discontinue membership in our defined benefit retirement plans after terminating employment.  There is no special allowance for this related to the coronavirus crisis.   

Annual Statement of Compensation deadline extended to
 July 15, 2020
2019 ASC

MainePERS is extending the deadline for filing the Annual Statement of Compensation and all associated documents required to continue receiving disability retirement payments to July 15, 2020.  This replaces the information we sent earlier this month reminding you of the requirement to file your Annual of Statement of Compensation (ASC) Packet (Three-page form with detachable ASC form) by the standard IRS tax filing deadline.  Because of the current concern surrounding COVID-19, MainePERS is extending that deadline this year to be consistent with the IRS modified tax filing. 


Whatever your age,
it's the right time to talk about retirement!
Whether you are new to retirement planning or approaching your retirement age,
our online Information Request page
offers you an easy way to
get the information you need.

PLD Changes icon

We want to keep you informed about the recent changes to the Participating Local District Consolidated Retirement Plan (PLD Plan).  You can find information about the Plan, changes, and answers to your questions here, or by clicking on the icon to the left.  If you need additional information or questions, please don’t hesitate to contact us at 207-512-3100.

I want to... RETIREES
...change my mailing address.
...change my tax exemptions/allowances.
...get health insurance information.
...return to work after retirement.
...know when my payment is deposited.
[see also FAQs.]

MEMBERS I want to...
...find out about my contributions and time.
...borrow money from my retirement.
...know when I can retire.
...learn about Social Security and MainePERS
...receive a refund of my contributions.
[see also FAQs.]
  Click the link below
to view the:
calendar icon
Benefit Payment Calendar 

  The 2019 CAFR
is now available.


Thinking Retiring

SSAClick here to take the Social Security Administration's online survey about how they can best serve the American public.

New Cost Sharing Model
for PLD Plan Adopted


MainePERS and our actuary have developed a new cost-sharing model that helps avoid the cycle where future benefits must be reduced or cost-of-living-adjustments are frozen when substantial market losses occur. The Board of Trustees adopted this model for the PLD Plan in May 2018, which has received recognition from the Society of Actuaries as an innovative funding model for public pension plans. You can read more about it here.

Home  |   Disability  |  FAQs  |  Group Life Insurance  |  Investments  |  Laws/Legislation  |  Links  |  Publications  |  Site Map  |  Help  |  Location/Directions  |  Contact Us

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.

MainePERS  Copyright © Maine Public Employees Retirement System.  All Rights Reserved.