Obama stumps for minimum wage hike, retirement plan

Excerpt: “Brian Graff, CEO of the American Society of Pension Professionals and Actuaries, said the myRA is a “modest proposal” that would require voluntary cooperation from the businesses involved.

It may be something of a down payment on a more ambitious plan to require all businesses to have some kind of retirement plan, Graff said — but, he noted, “that would require congressional approval.”