Down East, Retirement Savings Have More MERIT

The American Society of Pension Professionals & Actuaries (ASPPA) published a feature on Maine's MERIT program, highlighting the state's efforts to expand access to workplace retirement savings — an initiative Senator Bailey has been involved in championing. The article explored how Maine's approach to retirement security, rooted in expanding access for workers without employer-sponsored plans, has drawn national attention. ASPPA noted Maine as a model for other states looking to close the retirement savings gap for low- and middle-income workers.

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