Requires non-government employers, including nonprofits, with 3 or more employees to offer the Maine Retirement Savings Program to employees if they do not offer a specified tax-favored retirement plan; exempts certain new employers; provides escalating penalties for failure to enroll.
State Name
Maine
Bill #
L.D. 355 (S.P. 141)
Status
Adjourned; Not Enacted
Category
3. Workforce
Subcategory
Employee Benefits
Status Text
Introduced or Prefiled
Year Proposed
2025
State Taxonomy
Bill Page
https://legislature.maine.gov/billtracker/#Paper/SP0141?legislature=132