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Taxpayer Lawsuit Aims to Strike Down CalSavers Retirement Plan
The Sacramento Bee
June 1, 2018
"The Howard Jarvis Taxpayers Association contends the so-called CalSavers plan violates a federal consumer protection law that sets standards for retirement plans offered by employers.... The advocacy group's director, Jon Coupal, also argues the state is incapable of managing the program ..., pointing to the state's two underfunded public pension systems as evidence that private-sector workers are better off finding their own retirement accounts."
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