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Is the “State” option going to replace other retirement programs

According to Georgetown’s Center for Retirement Initiates, which tracks state retirement programs, since the beginning of the year, at least 20 states and cities have introduced legislation to establish some form of publicly facilitated retirement plan.  The officials behind these plans say the state option is needed to make retirement-savings option available for the segment of workers least likely to have access to one through an employer.  In Kenneth Corbin’s article appearing on Benefit News website,, he reports the states are not there to replace programs; they want to be additive where programs do not already exist. Read Mr. Corbin’s article here…

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