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Using Automatic Enrollment in Local Government Retirement Plans to Increase Savings (PDF)
Center for State & Local Government Excellence 
June 30, 2014 "The study found four main reasons local governments been slow to adopt automatic enrollment practices: ...[1] In a few places, an exemption to anti-garnishment laws has been written into statute for a particular retirement system or plan. [2] Government leaders worry that automatic enrollment in a supplemental savings plan might overburden their employees, especially those who earn modest wages. [3] There is debate in the labor community about whether or not automatic enrollment should be supported. [4] Administrative challenges, such as multiple record keepers." MORE >> |
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