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S04344 Summary:
| BILL NO | S04344B |
| SAME AS | SAME AS A04982-B |
| SPONSOR | SAVINO |
| COSPNSR | ADDABBO, ALCANTARA, AVELLA, BAILEY, BOYLE, CARLUCCI, FUNKE, GALLIVAN, HAMILTON, HOYLMAN, KAMINSKY, KAVANAGH, KRUEGER, LANZA, MAYER, ORTT, PERALTA, RANZENHOFER, SANDERS, SEPULVEDA, STAVISKY, VALESKY |
| MLTSPNSR | |
| Add Art 14-C §§570 - 585, R & SS L; add §§99-bb & 99-cc, St Fin L | |
| Creates a self-sufficient retirement savings program in the form of an automatic enrollment payroll deduction IRA, and establishes an administrative board responsible for promoting greater retirement savings for private sector employees in a convenient, low-cost, and transferable manner. | |