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S06045 Summary:

BILL NOS06045D
 
SAME ASSAME AS A08332-F
 
SPONSORSAVINO
 
COSPNSRADDABBO, AVELLA, CARLUCCI, COMRIE, HAMILTON, HOYLMAN, PANEPINTO, PARKER, PERALTA, SANDERS
 
MLTSPNSR
 
Add Art 14-C §§570 - 586, R & SS L; add §§99-aa & 99-bb, St Fin L
 
Creates a self-sufficient retirement savings program in the form of an automatic enrollment payroll deduction IRA, and establishes an administrative board responsible for promoting greater retirement savings for private sector employees in a convenient, low-cost, and transferable manner.
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S06045 Memo:

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