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S. 3389

State Retirement Savings Act of 2016

State Retirement Savings Act of 2016

This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to authorize and establish requirements for: (1) state-sponsored multiple employer retirement plans, and (2) state-managed payroll deduction savings programs that provide individual retirement plans.

Read twice and referred to the Committee on Finance.

Sen. Heinrich, Martin [D-NM](D-NM)Sponsor
1committees2actions
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

State Retirement Savings Act of 2016 — Informed