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Treasurer’s office seeks technical fixes to Secure Choice retirement program
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Summary
The committee heard technical amendments to Rhode Island’s Secure Choice retirement savings program to align definitions with federal rules and clarify investment-committee review; treasurer’s office reported 3,000 employees already saving through the program.
The House Committee on Corporations heard House Bill 7475, a technical amendment package to the Rhode Island Secure Choice Retirement Savings Program Act designed to ease administration and ensure compliance with federal rules.
Rob Craven, speaking on behalf of the treasurer's office, said two primary…
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