Tag: CalSavers
Although COVID-19 has exposed alarming gaps in a health insurance system that revolves around the employer, the Affordable Care Act is one potential solution for workers who lack the employer coverage. There is nothing equivalent on the retirement side, however. Many workers between ages 50 and 64 are in jobs that provide neither health insuranc…
The brief’s key findings are: California and Connecticut are seeking to provide retirement plan coverage to private sector workers who lack it. Both states propose a mandate on employers to either provide their own plan or automatically enroll their workers in a state Auto-IRA program. Both states have completed feasibility studies that offer important lessons:…
