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Bill would let local governments auto-enroll employees in local deferred compensation plans

2145911 · January 23, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 1270 would allow local governments that operate their own deferred compensation plans to enroll employees on an opt-out basis, mirroring a state practice begun in 2017. Committee staff presented the bill; no public testimony was signed up and no vote was taken.

House Bill 1270 was presented to the Appropriations Committee by David Pringle, staff to the committee. Pringle said the bill would permit local government employers that offer their own deferred compensation programs to provide enrollment…

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