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Supporters and unions push Secure Choice retirement bills as simple, low‑cost way to expand coverage
Summary
AARP, SEIU, business advocates and retirement policy groups urged passage of bills to create a state‑administered Secure Choice automatic IRA program for workers whose employers do not offer retirement plans, citing evidence from other states that such programs increase participation.
AARP Massachusetts, SEIU Local 509 and national retirement policy groups told the Joint Committee on Financial Services that House 11‑43 and Senate 7‑22 (and related proposals such as H12‑26) would expand retirement coverage for an estimated 1.2 million Massachusetts private‑sector workers who currently lack an employer‑based plan.
Jen Benson of AARP said about 43% of private‑sector…
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