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Facilitating State Efforts to Help Workers Save for Retirement
U.S. Department of Labor [DOL] Blog
[Guidance Overview] Aug. 25, 2016
"Eight states -- California, Connecticut, Illinois, Maryland, New Jersey, Oregon, Massachusetts, and Washington -- have already passed laws creating their own retirement savings arrangements.... Today's rule will clarify the status of existing state efforts, and will enable more states to create their own programs. The Department is also publishing a proposed rule that would allow some larger cities to establish their own retirement savings programs."
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