BILL NO | S06045D |
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SAME AS | SAME AS A08332-F
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SPONSOR | SAVINO |
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COSPNSR | ADDABBO, AVELLA, CARLUCCI, COMRIE, HAMILTON, HOYLMAN, PANEPINTO, PARKER, PERALTA, SANDERS |
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MLTSPNSR | |
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Add Art 14-C §§570 - 586, R & SS L; add §§99-aa & 99-bb, St Fin L |
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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. |