UMaine, AARP study cited in BDN report on Social Security changes

A recent University of Maine study commissioned by AARP Maine was cited in the Bangor Daily News article, “Midlife Mainers should know about these changes in Social Security.” The report shows that, statewide, retirement savings are on the decline while seniors’ dependency on public assistance is growing, according to the article. The study was conducted by Philip Trostel, an economics and public policy professor at the UMaine School of Economics and Margaret Chase Smith Policy Center.