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Authorized a year ago, new retirement program languishes

Democrats were quick to denounce President Trump and congressional Republicans last week for trying to thwart plans by Connecticut and other states to offer retirement savings plans to low-wage, private-sector workers. But Gov. Dannel P. Malloy is responsible for the state’s making no progress on a controversial program state legislators authorized a full year ago. Continue Reading →

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Pew report: Half the states trying to promote retirement savings

Connecticut is not alone in developing new options to assist private-sector workers who lack a retirement plan, according to a recent report from the Pew Charitable Trusts. At least 24 other states have introduced legislation, studied state-sponsored retirement savings programs, or enacted programs to reduce poverty among retirees. Continue Reading →

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