Letters

State Run Retirement Legislation H. 7219

Summary

SIFMA submits comments to the Rhode Island House Committee on Labor on state run retirement legislation H. 7219. This legislation would create a state run IRA plan for private sector workers to be managed by the Department of Labor and Training. SIFMA agrees that there is a retirement savings challenge in this country; however, SIFMA does not believe that the proposed state run retirement savings plan is the appropriate solution.

See also:
H. 7219 – Relating to State Affairs and Government

PDF

Committee

Retirement and Savings Committee, State Government Relations

Date

27

January

2016