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Verso’s Employees Counting on Maine’s U.S. Supreme Court Decision on Severance Pay from the 1980s

Political leaders in Maine this week went public with a call for Verso Paper to adhere to Maine’s Severance Pay requirements – apparently after hearing some scuttlebutt that the company preferred to delay these payments. For those not well-versed in this area of the law, Maine statute requires severance pay to be paid at the […]

In Case You Missed It: Governor LePage’s Top Policy Priority is Against Workers

In Wednesday night’s debate, the three candidates for Governor were asked their top policy priorities to get the economy moving quickly. Governor LePage gave two: reducing the cost of electricity and passing right-to-work legislation. Fast-forward to Thursday morning, and we find out that the IBEW and CWA workers at FairPoint have voted to strike. Irony is clearly not dead. […]

Record Dividends for MEMIC Policyholders Thanks, in Part, to Smaller Benefits for Workers

A recent article in the Bangor Daily News touted Maine Employers’ Mutual Insurance Company (MEMIC) announcement that it was paying policy holders a “record” dividend of 18 million dollars. This is based on the company’s performance in 2011 and is on top of a 16 million dollar dividend paid last year. MEMIC is Maine’s largest […]