Haywood Lauds State Treasurer Torsella’s Retirement Security Report
State Sen.
"There are more than 2.1 million Pennsylvanians who do not have access to a workplace retirement savings plan," Haywood said. "The Task Force has a solution."
The Task Force unveiled its report and recommendations at a
Haywood, Torsella and Sen.
Haywood applauded "both Treasurer Torsella for his initiative in creating and working with the
"More than two million working Pennsylvanians do not have access to a retirement savings program at work and 750,000 workers who do have access to a program at work do not participate. This has to change. If it doesn't,
"
The Task Force report calls for legislation that would:
* create of an auto-IRA within the
* and tax free and low employee contribution levels
"As former Democratic Chair of the
Haywood said that he expected a draft of the legislation that he is crafting along with Torsella,
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