Bill

Bill > SC531


MS SC531

MS SC531
Recognize retirement security concern facing American workers and urge improvement.


summary

Introduced
02/20/2026
In Committee
02/20/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

A Concurrent Resolution To Recognize The Growing Retirement Security Concern Facing American Workers, To Highlight Its Contributing Factors And Consequences, And To Urge Efforts To Improve Retirement Security For All Citizens.

AI Summary

This concurrent resolution recognizes the growing problem of retirement insecurity among American workers, which means many people are struggling to save enough money for their later years, leading to financial hardship for older adults. This issue is worsened by factors like people living longer and increasing healthcare costs. The resolution highlights that a significant majority of households with adults over 60 are already facing financial difficulties or are at risk of becoming insecure. It also points to efforts by organizations like the National Council of Insurance Legislators (NCOIL) to encourage retirement plans to offer options that provide a steady income throughout retirement, and urges employers to promote these options. Ultimately, this resolution calls on federal and state leaders to raise awareness about this trend and implement policies that offer advice, tools, and solutions to help workers achieve a secure retirement, and it encourages retirement systems and employers to increase public awareness and financial education for workers.

Sponsors (1)

Last Action

Referred To Rules (on 02/20/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...