NAST - Retirement Security Series
Please join us TODAY, June 10 at 1p pacific / 4p eastern for the National Association of State Treasurers’ Retirement Security - Session 1. We’ll be presenting, along with key states Colorado, Illinois, Oregon, Pennsylvania and Vermont. #TMTS2020
Retirement Security Matters: June 4, 2020
This week we hear from author John Mitchem about workplace savings, Treasurers and the world - dig in! You won’t want to miss updates from Illinois, California, Oregon, Maryland, and Connecticut. Check out states legislation in Colorado and Ohio. Check into June's NAST Treasury Management Training Symposium and kudos for retirement innovator J. Mark Iwry. And, we go all over the place for pix of the week - Virginia, California, Oregon, and yes, even the moon.
Global Defined Contribution Savings Systems: Implications for U.S. State Treasurers
Private defined contribution savings systems like the 401(k) can work very well, particularly in a robust marketplace in which service providers compete and continually innovate. But these systems typically fall short in their coverage of smaller companies and lower income workers. In response, many governments have designed universal workplace savings (UWS) programs designed to cover the entire labor market. Emerging auto-IRA programs in the United States are very much part of a gathering global trend.