The MaineSTART Difference


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 For Employers

Welcome to the MaineSTART Employer Section.  MainePERS is devoted to providing exceptional retirement plans for participants and their employers, so we are pleased to introduce MaineSTART, our 401(a) and 457 Defined Contribution (DC) plans. MaineSTART focuses on the elements that we believe are most important to a defined contribution plan for your employees: simplicity, convenience, and high-quality, low-cost investment funds providing proper investment diversification.

Our shared mission with you is to educate employees in how to become successful savers, without having to be investment professionals, and to realize the value of the retirement programs you offer them.

Read about MaineSTART below, or contact us for more information.


Why MaineSTART?
Public employers in Maine have long relied on the Maine Public Employees Retirement System for meeting the retirement needs of their employees. The MainePERS defined benefit pension plans form the bedrock financial security for meeting the basic needs of many of Maine's public servants.

Most public employees will need to supplement their pension benefits with retirement savings, a goal best achieved through a systematic, tax-deferred plan like MaineSTART.

Want to know more? Read about The MaineSTART Difference.


We've created MaineSTART:

To make it easy for you and your employees to meet 
      the need for a tax-deferred retirement savings program.
 
As a simple, no-nonsense alternative to complex
      investment programs that discourage employees from
      participating, or turn them from prudent savers into
      amateur traders.

From low-cost Vanguard mutual funds that let more
     of the participants savings keep working for them.

To be a high-quality, low-cost, prudent savings plan
      that employees will use and value.

For employers, too, there's comfort in knowing that your plan contact is right here at MainePERS, with contributions and reporting to the same place that you use for pension plan contributions and group life insurance premiums.


Current Participating Employers

To submit payroll reports, click here.

 

 




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© 2008 and prior years, Maine Public Employees Retirement System - MaineSTART Program, 46 State House Station, Augusta, ME 04333