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Connecticut Governor Will Veto Retirement Security Bill as It Now Stands
Hartford [CT] Courant
May 10, 2016 "[Connecticut] Gov. Dannel P. Malloy ... intends to veto a controversial bill that would create a retirement savings program for private sector workers unless the legislation is changed in an upcoming special session of the General Assembly.... As passed, the bill gives the authority to hire a single vendor to manage the retirement fund ... the [governor's office] has expressed concern about the impact of that provision on both consumer choice and the state's financial services industry." MORE >> |
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