Requires the Department of State Treasurer to study the establishment of a state‑administered voluntary "Work and Save" program aimed at increasing the retirement savings options available to private sector workers whose employers do not provide retirement savings plans. Requires the study to consider the recommendations for such a program made by AARP. Requires a report to the 2015 General Assembly when it reconvenes in 2016.
WORK AND SAVE PLAN STUDY.
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AN ACT TO DIRECT THE DEPARTMENT OF STATE TREASURER TO STUDY THE ESTABLISHMENT OF A VOLUNTARY "WORK AND SAVE" RETIREMENT PROGRAM AIMED AT INCREASING THE RETIREMENT SAVINGS OPTIONS FOR PRIVATE SECTOR WORKERS WHOSE EMPLOYERS DO NOT PROVIDE RETIREMENT SAVINGS PLANS.Intro. by Schaffer, S. Ross, Glazier, Pierce.
Status: Ref To Com On Rules, Calendar, and Operations of the House (House Action) (Apr 2 2015)
Bill History:
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Wed, 1 Apr 2015 House: Filed(link is external)
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Thu, 2 Apr 2015 House: Passed 1st Reading(link is external)
H 515
Bill Summaries:
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Bill H 515 (2015-2016)Summary date: Apr 2 2015 - View Summary
View: All Summaries for Bill