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State Must Act to Help 1.8 Million Ohioans Who Don't Have a Workplace Retirement Plan
John Scott, Pew Charitable Trusts Retirement Savings Project in The Columbus Dispatch
[Opinion] Nov. 18, 2024 "A 2023 study from the Pew Charitable Trusts found that employees' insufficient retirement savings has led to increased public assistance costs for retirees, reduced tax revenue for the state, decreased household spending and lower employment, with an estimated price tag for Buckeye State taxpayers of $11.7 billion over 20 years. That's why forward-thinking Ohio policymakers are to working to pass the bipartisan House Bill 501, which would create a legislative study committee to examine how to help the more than 1.8 million private sector workers in the state who do not have a workplace retirement plan." MORE >> |
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