Pension

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Maine Governor LePage Budget Favors Wealthy

Governor Paul LePage promised to defend “the traditional Maine values that have created strong communities and strong families across the state.” He also pledged to enact “new ideas to get Maine working.”

Well unless the traditional values of Maine are to take from the middle class and poor to give to the wealthiest residents- I think LePage has epically failed. In his budget that was released February 28, the governor has unveiled a slew of tax cuts, cutbacks in public services, and the gutting of public employee benefits and pensions.

Included in the budget is a provision that would raise the retirement age of public workers from 62 to 65, cut Maine’s prescription drug and health coverage for working parents program, end $400 of property tax relief for more than 75,000 middle-income Maine households, and freeze cost of living adjustments for state employee retirees — which already provides a meager average pension of only $18,500 per year.

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