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.
With Congress paralyzed by partisan infighting, it’s up to states like Connecticut to make it possible for ordinary people to retire without facing poverty.
The partisan debate heated up Thursday at the Capitol over whether state government should administer a retirement savings program for private-sector employees.
Is the increase in income inequality, recently cited by President Obama, based on fact, or is it based on flawed and misleading government statistics?