What is MainePERS?

MainePERS (Maine Public Employees Retirement System) is the official public pension system for the State of Maine, providing retirement benefits, disability benefits, and survivor benefits to eligible Maine public employees. MainePERS administers pension plans for state employees, public school teachers, municipal workers, and other participating public employers across Maine. The system manages retirement contributions, service credit, benefit calculations, cost-of-living adjustments (COLAs), and retirement payments for current and retired members. MainePERS is a defined benefit retirement system governed by Maine statute and funded through employee contributions, employer contributions, and long-term investment management to ensure secure retirement income for Maine public sector workers.