Washington Update: Facts on the New California Retirement Model

(March 13, 2013)—CEO and executive director of ASPPA Brian Graff clarifies the details of pending legislation in California on retirement plan coverage. The legislation requires employers to offer a plan to their employees, but does not require employers to use a single provider or state-run program. Graff explains that the legislation expands coverage without sacrificing a competitive market, strengthening workers’ ability to save for retirement. Look for other states to follow California’s lead—including Connecticut, Illinois, and Maryland.

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Tags: Auto-Enrollment, Brian Graff, featured, Retirement Security

Category: Washington Update