Washington Update: Facts on the New California Retirement Model

| March 13, 2013 | 0 Comments

(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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