SACRAMENTO, Calif. (AP) — In a story Sept. 28 about a state-run retirement program for private-sector workers in California, The Associated Press reported erroneously that the California Secure Choice Retirement Savings Program would be administered by a seven-member board. The board actually would have nine members.

Also, companion legislation signed by Gov. Jerry Brown requires another vote in the Legislature before the program can be implemented and participants can be enrolled.

A corrected version of the story is below:

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.