MaineSaves 457b (Deferred Compensation) Plan
The MaineSaves plan is a voluntary retirement savings program. You choose how much you'd like to save and where you'd like your money invested. This is an easy, pre-tax way to save additional funds towards retirement conveniently through payroll deduction. Choose a provider to enroll today!
Corebridge Financial (Formerly known as AIG) The access code for State of Maine employees is 0251301. Corebridge Financial Enrollment Guide (pdf)
Empower (formerly known as MassMutual) On-line enrollment instructions and the Plan Enrollment Code for the State of Maine Deferred Compensation Plan Group ID/Plan# 765718-01 can be found by visiting https://www.iisfinancial.com/state-of-maine-participant-resources [iisfinancial.com].
Voya Please go to enroll.voya.com, enter Plan Number 666960 and enter Verification Number 061399. Voya Enrollment Instructions (pdf)
Some transactions cannot be done online. If you are in a position that is eligible for the 5% Enrollment Option, want to participate in the 3-year pre-retirement catch-up or need to request a vacation pay deferral, please contact your local representative.
Deferred Compensation Events
To promote financial wellness, we've implemented a quarterly series of in-person Deferred Compensation events across State of Maine worksites! This event will give State of Maine employees the opportunity to connect face-to-face with their Deferred Compensation representatives. The first event will be Wednesday, April 19th from 10:00 AM - 2:00 PM!
Walk-in's are welcome but if you'd like to meet with a representative at a specific time on April 19th or are unable to attend one of the locations on April 19th, please reach out to the vendor of your choice directly to schedule an appointment.
Click here for the list of participating April 19th worksites, and please reach out to our office at MaineSaves457b@maine.gov.