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Posted inLetters to the Editor, Opinion

‘Time value of money’ crucial in pension payout

The letter from Neal Patterson (April 6) describes the state retirement system as “too generous” and “not sustainable.” Patterson presented the pensions of two “random acquaintances,” examining what they had paid into the system, and what they had been paid out of it. His figures were, indeed, unsettling. Then I noticed the flaw in Patterson’s […]

Posted inNews

Shuttered mills’ owner offers them to state

A pair of shuttered paper mills in Millinocket and East Millinocket could be spared from being dismantled if the state chooses to buy them for a dollar under terms of a deal that a San Francisco-based suitor walked away from late last week, the mills’ owner said today.

Posted inNews

Bates College president is stepping down

LEWISTON — The president of Bates College in Maine is stepping down after nine years. Elaine Tuttle Hansen, the seventh president at Bates, said Wednesday she’ll step down in July to assume a new job elsewhere she said will be disclosed in the next two weeks. During her tenure, she increased student financial aid, boosted […]

Posted inNews

GOP candidates descend on NH

CONCORD, N.H. — New Hampshire is seeing one of its busiest days yet for Republicans considering presidential campaigns. Mississippi Gov. Haley Barbour, former Pennsylvania Sen. Rick Santorum, and former Minnesota Gov. Tim Pawlenty all will be in the state today. Santorum and Pawlenty will be sticking around until Friday, when they’ll be joined by former […]