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Report to Connecticut State Legislature: State-Sponsored Retirement Program for Private Sector Workers (PDF)
Retirement Security Board, State of Connecticut
Jan. 5, 2016 48 pages. "The fundamental finding is that the Program is financially feasible under a range of market scenarios and plan designs at a 6% default contribution rate. The financial analysis concludes that the Program needs approximately $1 billion in assets to reach a breakeven point, the point at which the Program becomes self -- sustaining.... The remainder of this summary outlines the CRSB's recommendations to the Legislature with regard to the minimum statutory design elements and CRSB's proposed design elements." MORE >> |
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