State Issues Content

Letter to the Editor: California’s Retirement Plan (As published in the New York Times on August 26, 2016) To the Editor: You say California will provide a state-run “secure choice” retirement plan for private-sector workers with “fees that are both low and transparent” (“ From...

Secure Choice Is Risky for Workers and for the State By Paul Schott Stevens (As published in the Sacramento Bee, August 16, 2016) Millions of Americans save for retirement using employer-sponsored plans that offer tax advantages and excellent investment options. Even so, there may be...

ICI Urges Governor Brown to Carefully Examine Legal and Economic Risks of “Secure Choice” Retirement Program If Implemented, Program Could Expose State to Lawsuits, Taxpayer Bailout Washington, DC, August 8, 2016—California Governor Jerry Brown should carefully examine the costs and...

April 19, 2016 Submitted electronically to lois.court.house@state.co.us The Honorable Lois Court Chair, House Finance Committee Colorado General Assembly 200 East Colfax Denver, Colorado 80203 Re: House Bill 16-1403, Colorado Secure Savings Plan Dear Chair Court: I am writing to...

March 24, 2016 Delivered Electronically The Honorable John Chiang California State Treasurer Chairman, California Secure Choice Retirement Savings Investment Board 915 Capitol Mall, Room 110 Sacramento, CA 95814 Re: Overture Financial Final Report to the California Secure Choice...

ICI Calls on California Officials to Delay Action on ‘Secure Choice’ Retirement Plan Consultants’ Report on Feasibility Fails to Provide Adequate Analysis Washington, DC, March 24, 2016—California officials should delay further action on the state’s proposed “secure choice” state-run...

Focus on Funds Multiple Employer Plans Offer New Answer to Expanding Retirement Savings Access In the February 12, 2016, edition of Focus on Funds, ICI General Counsel David Blass describes the problems with state plans to increase access to workplace retirement savings plans, and...

State-Run Retirement? Better to Go Private By Paul Schott Stevens (As published in the Wall Street Journal , February 7, 2016) More than 50 million workers—most working for small businesses— lack coverage under employer-based retirement plans. They need greater access to these private...

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