Bill

Bill > H4330


MA H4330

Resolve establishing a Commission to Study the Feasibility of a Secure Choice Retirement Savings Option


summary

Introduced
03/26/2018
In Committee
04/23/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Resolve establishing a Commission to Study the Feasibility of a Secure Choice Retirement Savings Option

AI Summary

This bill establishes a special commission to investigate and study the feasibility of a state-run voluntary retirement account program as a mechanism to encourage private employees to save for retirement. The commission will evaluate the potential impact of such a program, consult with experts, and provide recommendations on various aspects, including the cost and funding, potential effects on private companies, administration and oversight, and investment management. The commission will file a report with their findings and recommendations by April 1, 2019.

Sponsors (0)

No sponsors listed

Last Action

No further action taken (on 01/01/2019)

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