Bruce Poliquin: Challenge to balance honoring benefits, not running out of money

Maine State Treasurer Bruce Poliquin warned Tuesday, March 8, that several “high-risk strategies” suggested as solutions to Maine’s $4.3 billion unfunded pension liability could make the problem worse. At a Statehouse news conference, Poliquin endorsed Gov. Paul LePage’s proposals to raise the retirement contributions of active teachers and state employees from 7.65 percent of salaries to 9.65 percent, while ...