NCPERS Fires Back at Attack on Innovative Retirement Savings Plans
By a
"The alternative facts advanced by the sponsors of these resolutions ignore reality," said
States and municipalities have spent several years developing savings programs for the 55 million Americans-half of the private-sector workforce-whose employers offer no retirement benefits. Kim noted that the
"States, in their time-honored role as laboratories for innovation, have come up with programs that combine the best of public- and private sector approaches, based on years of rigorous research and study," Kim explained. "It is astonishingly hypocritical that lawmakers who claim to favor private-sector solutions and state autonomy would try to prevent partnerships that promote both."
The resolutions were introduced by Rep.
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