News & Events
News
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Rules
Rules in Progress There are no Rules in Progress at this time. Submit a Written Comment In addition to the submission portal above, written comments may be submitted 1) via email at info@mainesaves.org or 2) via mail or hand delivery to: MERIT, c/o Office of State Treasurer, 39 State House Station, Augusta, ME 04333 Adopted…
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Employers
An Added Benefit In early 2024 all Maine Employers with 5 or more employees will receive an email from the Program Administrator inviting them to register with the Program – or to enter their exemption. Registration is completed on an easy to use portal. Once the information is confirmed, Employers will be invited to register…
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Employees
Simple and Convenient After an Employer registers with MERIT, all employees will receive information about the program and an invitation to open their online MERIT account. Employees can choose how much to deduct from each paycheck for their retirement savings, can choose how their funds will be invested, or can choose to opt out. If…
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Studies
Fact Sheet: Maine AARP, August 2022 Access to an employer-based retirement plan is critical for building financial security later in life. About 40 percent of Maine’s private sector employees work for an employer that does not offer a retirement plan. Workers will benefit from the ability to use payroll deduction to save for retirement. State…
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Webinars
Upcoming Join MERIT CEO Beth Bordowitz to learn about MERIT. What is expected of Employers. What it means for Employees. Recordings To view recordings of webinars and see the experiences of Maine Employers with Merit visit our YouTube Channel. Introducing Maine’s New Retirement Program This webinar, presented as part of the Harold Alfond Center for…
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Media
MERIT Logo Social Media Graphics Social Media Caption More than 200,000 Mainers do not have a chance to save for retirement at work. The Maine Retirement Investment Trust (MERIT) helps bridge that gap. Starting in 2024, MERIT will provide Maine employers with an EASY and FREE retirement savings program to help members of their teams…
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