N.J. Senate budget panel approves mandatory retirement savings plan
TRENTON — The state Senate budget committee has approved a bill creating a retirement program for private-sector workers without employer-sponsored plans. The bill ( S2831) would require employees with at least 25 employees that don’t already offer retirement accounts to offer the “Secure Choice” retirement plan. Smaller companies with fewer than 25 employees can opt in.… Read the rest of this entry »