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South Dakota State's Retirement Plan Experience Shows Power of Automatic Enrollment to Dramatically Increase Participation (PDF)
Retirement Made Simpler
Oct. 4, 2010
14 pages. Excerpt: A study of South Dakota's Supplemental Retirement Plan ... has found that instituting automatic enrollment programs results in a staggering leap in participation rates.... Ninety-one percent of new, eligible employees are participating in the SRP in units that adopted automatic enrollment, versus 1 percent of new hires in units without automatic enrollment.
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